ABSTRACT

This chapter concentrates on trade policies and trade with respect to services themselves, and leave on one side the overlap with goods. The following concepts, principles and rules were considered relevant in the mid-term review: transparency, progressive liberalization, national treatment, MFN (non-discrimination), market access, increasing participation of the developing countries, safeguards and exceptions, and the 'regulatory situation'. Most of these 'concepts, principles and rules' derive from the General Agreement on Tariffs and Trade (GATT), though two do not: market access and regulatory situation. It should be noted, however, that the obligations under the Article of the GATT which covers national treatment apply to all products and not just to the products for which the tariffs have been bound under the provisions of the GATT. One principle running through the GATT which also has run through the negotiations for a services agreement is that of reciprocity.