Accountancy Sector

Guidelines for Mutual Recognition Agreements or Arrangements in the Accountancy Sector in Global Commerce Policy

In this regard, guidelines for mutual recognition agreements or arrangements in the accountancy sector is: a set of non-binding principles adopted by the WTO on 29 May 1997 aimed at making it easier for governments to negotiate the mutual recognition of professional qualifications. Part A of the Guidelines deals with the conduct of negotiations and the relevant obligations governments have under the GATS. Part B sets out various issues that may have to be addressed in negotiations, such as the intended participants, the purpose and scope of the arrangement, the conditions under which mutual recognition will be accorded, the mechanism for implementation, and other related matters. See also mutual recognition arrangements and Working Party on Professional Services.[1]

Guidelines for Mutual Recognition Agreements or Arrangements in the Accountancy Sectorin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

1. Dictionary of Trade Policy, “Guidelines for Mutual Recognition Agreements or Arrangements in the Accountancy Sector” entry (OAS)

See Also