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The General Agreement on Trade in Services (GATS) is a treaty of the World Trade Organization (WTO) which entered into force in January 1995 as a result of the Uruguay Round negotiations. The treaty was created to extend the multilateral trading system to service sector , in the same way the General Agreement on Tariffs and Trade (GATT ...
All market access restrictions specified in a Member's Schedule of Commitments must fall into one of the six categories provided for in GATS Article XVI:2, which include four types of quantitative restriction, limitations on types of legal entity, and limitations on foreign equity participation.
The cultural exemption is a concept that originated in international economic law and more specifically in bilateral and regional free trade agreements. The cultural exemption takes the form of a clause that has the effect of excluding from its scope cultural goods and services that would otherwise be covered by the commitments arising from the agreement in question. [1]
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Don’t panic if you’re behind schedule. Here are five strategies experts recommend to help you catch up on your retirement savings. 1. Scale back your spending now and in retirement.
The earliest form of the most favoured nation status can be found as early as the 11th century. Today's concept of the most favoured nation status starts to appear in the 18th century, when the division of conditional and unconditional most favoured nation status also began. [3]
The Clash and Daytona 500 kick off 2025 schedule. Weather. Weather. NBC Universal. 95 dead after powerful earthquake strikes Tibet. Weather. Associated Press.
Donald Trump was threatening to send Meta CEO Mark Zuckerberg to prison “for life” if he interfered in the election just a few short months ago—but come Thanksgiving, the bad blood appears ...