Question

GATS

14 Sep 2022
Answer :
Word Count : 278

GATS is a part of WTO and aims at liberalization of trade in services. General Agreement on Trade in Services (GATS) refers to a multilateral treaty containing rules, disciplines and commitments for progressive liberalization of trade in services. GATS covers four modes of international delivery of services:

  • Cross-border supply (trans border data flows, transportation, services).
  • Commercial presence (Provision of services abroad).
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