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Financial
services
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Financial
services is an area where further negotiations were scheduled to improve
on the commitments included in the initial Uruguay Round schedules.
Officially the first set of talks ended in July 1995, but the governments
decided that more could be achieved if further talks could be held. These
latest negotiations ended in December 1997.
Basic
telecommunication services
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During the Uruguay Round, many governments made
commitments in value-added telecommunication services. However very few
offered commitments on basic telecommunications. This is why member
governments agreed to continue negotiations on basic telecommunications.
Talks therefore resumed in 1994 and ended in February 1997 with new
commitments.
Movement
of natural persons
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During the Uruguay
Round, governments made commitments in the Movement of Natural Persons.
However, it was agreed that negotiations to improve commitments would take
place in the six months after the WTO came into force. The negotiations
ended on 28 July 1995 and only achieved modest results.
Maritime
services back to top
Maritime
services is an area where further negotiations were scheduled to improve
on the commitments included in the initial Uruguay Round schedules.
Negotiations were originally scheduled to end in June 1996, but
participants failed to agree on a package of commitments. The talks have
resumed with the new services round which started in 2000.
GATS
protocols
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Attached to
GATS are additional agreements called “protocols”, which deal with the results
of subsequent negotiations.
There is
no “First Protocol”. The name was reserved for some least developed
countries’ commitments, which were to take effect a few months after 1 January
1995, when the results of the 1986–94 Uruguay Round negotiations came into force. In
the end, these delayed commitments were incorporated into the Uruguay Round agreement, and
so there was no need for a separate protocol.
- Second protocol:
financial services (adopted
21 July 1995, entered into force 1 September 1996)
> browse text > MS Word
(1 page, 14KB) > pdf
(1 page, 7KB)
- Third protocol:
movement of natural persons
(adopted 21 July 1995, entered into force 30 January 1996)
> browse text > MS Word
(1 page, 31KB) > pdf
(1 page, 10KB)
- Fourth protocol:
basic telecommunications (adopted
30 April 1997, entered into force 5 February 1998)
> browse text > MS Word
(1 page, 33KB) > pdf
(1 page, 9KB)
- Fifth protocol:
financial services
(adopted 14 November 1997, entered into force 1 March 1999
> browse text > MS Word
(1 page, 15KB) > pdf
(1 page, 7KB)
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