A brief description of TiSA and the implications of the agreement

Alina Aluculesei and Alexandra Radan

Revista de Economie Mondiala / The Journal of Global Economics, 2016, vol. 8, issue 4

Abstract: This article presents an overview of a new Agreement on Trade in Services, which is still under negotiation. Topics addressed in this paper are as follows: (a) Why is a new agreement on trade in services necessary? (B) What will be the architecture of the new agreement and how it differs from the General Agreement on Trade in Services (GATS) of the WTO? (C) What topics are considered as possible problematic by states participating in the negotiations? The article points out that the necessity of the TiSA agreement has its roots in the failure to complete negotiations on services under the Doha Round, and adopting this plurilateral agreement would simplify business relationships among member countries and set a new global standard for trade in services.

Keywords: trade in services; TiSA; WTO; Doha Round; trade negotiations (search for similar items in EconPapers)
JEL-codes: F13 F23 L22 L88 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:iem:journl:v:8:y:2016:i:4:id:2822000009635051

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