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Services Trade Restrictions

Services Trade Restrictions. July 17, 2012. Financial Services. Approach. A :Services with export potential, where the focus needs to be on requests to open export markets in your trading partner countries (offensive market access interests ).

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Services Trade Restrictions

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  1. Services Trade Restrictions July 17, 2012

  2. Financial Services

  3. Approach A:Services with export potential, where the focus needs to be on requests to open export markets in your trading partner countries (offensive market access interests). B: Services with high potential for development but needing foreign investment, where the focus needs to be on opening Mode 3. Or services in which you need to increase efficiency to improve other services and manufacturing. C: Non-sensitive services with relatively low export potential, which can be liberalized in exchange for concessions from trading partners. D: Sensitive services that are best reserved for domestic suppliers, either because they are essential services, they are critical to national development goals, they include a lot of small operators who would be displaced by larger foreign firms that are more efficient, or they need further strengthening before being opened to international competition.

  4. Overview of Presentation • Restrictions from legislation • Banking • Insurance • GATS Commitments • Comparison with COMESA Commitments • Key Issues • Requests • Markets of interest • What is contained in legislation and GATS of countries of interest? • Offer • Legislation, GATS, COMESA, or a combination?

  5. Mode 1 Restrictions (Mode 1 — Cross border trade): From the territory of one Member into the territory of any other Member. 

  6. Mauritius Mode 1 • Law • None • Except for anti money laundering • Beyond a certain amount you have to prove source of funds. • No exchange control

  7. Possible Requests

  8. Possible Requests

  9. Possible Requests

  10. Mode 3 Restrictions (Mode 3 — Commercial presence): By a service supplier of one Member, through commercial presence, in the territory of any other Member.  

  11. Possible Requests

  12. Possible Requests

  13. Possible Requests

  14. Services Trade Restrictions Index Financial Services

  15. The end. Thank you/

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