The Preferential Liberalization of Trade in Services

The Preferential Liberalization of Trade in Services

Comparative Regionalism

Edited by Pierre Sauvé and Anirudh Shingal

The book’s core focus is on comparative scholarship, directing attention to the substantive features of services PTAs around the globe and exploring the iterative nature of rule-making and market opening in a still nascent field of trade diplomacy. It advances a number of ideas on how to multilateralize PTA advances in services and takes stock of the likely impact on the WTO system of ongoing attempts at crafting a plurilateral agreement on trade in services.

Chapter 11: A plurilateral agenda for services? Assessing the case for a Trade in Services Agreement (TISA)

Pierre Sauvé

Subjects: law - academic, international economic law, trade law

Extract

On 15 February 2013, the European Commission formally proposed (in a submission to the European Council) opening negotiations on a new international agreement on trade in services. Initially called the International Services Agreement (ISA), the proposed plurilateral treaty currently involves a self-selected coalition of 23 WTO Members belonging to the so-called Really Good Friends of Services (RGFS) grouping. It has since been re-named the Trade in Services Agreement (TISA). The RGFS aims for the agreement to comply with WTO rules so it can be "multilateralized" at a later stage. The Commission's initiative came on the heels of a similar process launched a few weeks earlier by the Obama administration in the United States.

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