Understanding on Commitments in Financial Services Sample Contracts

UNDERSTANDING ON COMMITMENTS IN FINANCIAL SERVICES
Understanding on Commitments in Financial Services • September 17th, 2020

Participants in the Uruguay Round have been enabled to take on specific commitments with respect to financial services under the General Agreement on Trade in Services (hereinafter referred to as the "Agreement") on the basis of an alternative approach to that covered by the provisions of Part III of the Agreement. It was agreed that this approach could be applied subject to the following understanding:

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