Disciplining domestic regulations under GATS and its implications for developing countries: An Indian case study

Article Abstract:

Key elements of the prevalent regulatory measures and barriers to market access of developing country service providers are outlined. The ways in which the proposed disciplines would help in securing or easing market access of professionals in the developed country markets are assessed. An investigation of select professional services in India shows that for developing countries in general there exist many elements in the proposed disciplines that are not only desirable but would assist them to get better market access into key developed country markets.

India, International politics, Developing Countries, Economic aspects, International relations

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Most-favoured-nation treatment under the General Agreement on Trade in Services - and its application in financial services

Article Abstract:

A most-favored-nation (MFN) treatment clause was included in the General Agreement on Trade in Services (GATS), an unprecedented addition for a multilateral international trade in services agreement. However, MFN treatment should be unconditional, rather than the conditional or reciprocal approach advocated by nations including the US. Unconditional MFN can provide efficient access to low-cost financial services, while conditional reciprocity can hinder trade and raise customers' costs.

Interpretation and construction, Laws, regulations and rules, Financial services industry, Financial services, International aspects, International trade, International trade regulation, Most favored nation clauses

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