chapter  5
28 Pages

Services: The importance of further liberalization for business and economic development in the region


Developing countries have considerable interests in export markets for services and they stand to gain significantly from reform of their own services sectors. Despite these interests, and the complementarities between developed and developing countries in these markets, negotiations in the WTO on services are proceeding only slowly. Partly this is due to the two-way linkages across broad negotiating areas, particularly the linkage with the agricultural negotiations. Our interest in this chapter, however, is restricted to aspects of the services negotiations themselves, developing country interests in commitments in those sectors, and the ways in which those commitments contribute to economic and business development. This includes especially the use of those commitments to support unilateral domestic reform which is not directly connected to offers of market access made by trading partners.