Go to Statistics Portal

GENERAL AGREEMENT ON TRADE IN SERVICES (GATS)

Statistics Directorate    
Definition:
The General Agreement on Trade in Services (GATS) is among the World Trade Organization's most important agreements. The accord, which came into force in January 1995, is the first and only set of multilateral rules covering international trade in services. It has been negotiated by the Governments themselves, and it sets the framework within which firms and individuals can operate.

The GATS has two parts: the framework agreement containing the general rules and disciplines; and the national “schedules” which list individual countries’ specific commitments on access to their domestic markets by foreign suppliers
.

Source Publication:
World Trade Organisation GATS website - GATS Fact and Fiction.

Cross References:
General Agreement on Tariffs and Trade (GATT)

Hyperlink:
http://www.wto.org/english/tratop_e/serv_e/gats_factfiction1_e.htm

Statistical Theme: International trade statistics - International trade in services

Created on Wednesday, December 12, 2001

Last updated on Wednesday, March 05, 2003