ContractGeneral Agreement on Trade in Services (Gats) • January 11th, 2022
Contract Type FiledJanuary 11th, 2022SERVICES: GATS The General Agreement on Trade in Services (GATS): objectives, coverage and disciplines Everything you wanted to know about the General Agreement on Trade in Services, but were afraid to ask ... ON THIS PAGE:1. What is the main purpose of the GATS?A 1. What is the mainThe creation of the GATS was one of the landmark achievements of the Uruguay Round, purpose of thewhose results entered into force in January 1995. The GATS was inspired by essentially GATS?the same objectives as its counterpart in merchandise trade, the General Agreement on A 2. Who partici-Tariffs and Trade (GATT): creating a credible and reliable system of international trade pates?rules; ensuring fair and equitable treatment of all participants (principle of non-A 3. What servicesdiscrimination); stimulating economic activity through guaranteed policy bindings; andare covered?promoting trade and development through progressive liberalization.A 4. Is it true that theWhile services currently account