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General Agreement on Trade in Services (GATS)

General Agreement on Trade in Services (GATS)

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Published by: raveendhar.k on Nov 05, 2009
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03/30/2011

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General Agreement on Trade inServices (GATS)
 
General Agreement on Trade inServices (GATS)
Establishment of GATS:
In 1995 under the negotiationsof Uruguay Round.
Reasons for establishment:-
D
ue to huge growth of services economy
Services account for two third of global output
Services Contribute in global employment
Contribution of services in global trade
 
Three elements of GATS
The main text containing general obligationsand disciplines
Annexes dealing with rules for specific sectors
Individual countries specific commitments

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