Sectoral Commitments

Sectoral commitments in Global Commerce Policy

In this regard, a definition of this issue is as follows: these are entries covering specific service sectors or sub-sectors in the schedules of commitments under the GATS (General Agreement on Trade in Services). The entries on trade policy are here. Examples are accountancy, freight-forwarding or life insurance. The entries on trade policy are here. A sectoral commitment attracts a higher level of GATS rights and obligations in relation to market access and national treatment. The entries on trade policy in the Encyclopedia are here. Once a commitment has been made, the market access conditions applying to it may not be made more restrictive for at least three years. See also market access for services.[1]

Sectoral commitmentsin the wold Encyclopedia

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

Resources

Notes and References

1. Dictionary of Trade Policy, “Sectoral commitments” entry (OAS)

See Also