THE EUROPEAN UNION “CHASING” A PLURILATERAL MARKET ACCESS BY NEGOTIATING THE TISA

Ludmila Borta ()
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Ludmila Borta: "Alexandru Ioan Cuza" University of Ia?i, Romania

The USV Annals of Economics and Public Administration, 2015, vol. 15, issue 1(21), 152-158

Abstract: The international trade is an important and significant area of the world economy which can ensure the growth and more jobs for countries in a current global world. At the present time, it is represented more by exports and imports of goods than by trade in services. Despite this, the aim of this paper is to show the current interest of the countries and regions of the world, especially of the EU and the USA, to continue the GATS agreement of World Trade Organisation by negotiating a plurilateral agreement in services. Thus, 23 countries of the world have started in 2013 to negotiate aspects of the TiSA (Trade in Services Agreement). This new agreement is based on the General Agreement on Trade in Services ("GATS"). To understand the importance of this plurilateral agreement in services, we analysed the share of world GDP and international trade in services, our research being entire focused on the global place of the European Union for year of 2012. Because the services sector constitute the most dynamic economic activity in the EU, we analysed the trade relations of this region with rest of the countries which are part of TiSA negotiations. In final, we found that these are substantial partners of the EU commercial service exports and imports.

Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:scm:usvaep:v:15:y:2015:i:1(21):p:152-158

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