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WTO > Egypt in WTO > Trade in Services

   Overview

The agreement on trade in services reached in the Uruguay Round is perhaps the most important single development in the multilateral trading system since the GATT itself entered into forec in 1948. The new General Agreement on Trade in Services (GATS) for the first time extends internationally-agreed rules and commitments, broadly comparable with those of the GATT, into a huge and still rapidly growing area of international trade. Although reliable statistics on trade in services are few, conventionally measured trade in services is generally agreed to be equivalent in value to about one-quarter of international trade in goods. A further unmeasured, but undoubtedly very large, proportion of international trade in services does not cross national frontiers, because the service supplier (such as a branch of a foreign bank) or the service consumer (such as a foreign tourist) does so instead. The reach of the GATS rules extends to all forms of international trade in services. This means that the GATS agreement represents a major new factor for a large sector of world economic activity. It also means, because such a large share of trade in services takes place inside national economies, that its requirements will from the beginning necessarily influence national domestic laws and regulations in a way that has been true of the GATT only in recent years.

   Role of the CD/WTO

 The General Department for trade in services is one of the four General departments that work under the supervision of the Central Department for WTO affairs (CD/WTO). This general department is responsible for coordinating all issues related to the WTO service negotiations and achieving a balance between Egypt's effective participation in the WTO and other regional agreements on services. In addition, the department is responsible for the coordination among all services stakeholders in Egypt to ensure Egypt's fulfillment of its obligations and commitments under the GATS. Furthermore, the general department presents public awareness about the General Agreement on Trade in Service (GATS) through its role as the technical secretariat for the trade in services subcommittee, which is one of the sub-committees that works under the High National Committee for Doha Negotiations. Also it organizes workshops and seminars on the GATS agreement as a way for increasing public awareness. 
The group’s work is summarized in a chart.

Through this section, you can access information on the status of negoting position on services in the context of the WTO, Euro-Med, and Arab countries.It also includes a summary about the activities of the Trade in Services Sub-committee,and the Council for Trade in Srvices under the WTO.

The Sub-Committee on Trade in Services is one of the sub committees that work under the umbrella of the High National Committee. It is comprised of representatives from almost all Egyptian ministries and competent authorities of the different service sectors.

Its tasks are encompassed of the following:

- Tackling the obstacles facing services suppliers when accessing international markets.
- Determining the status quo of the Egyptian service sectors and their market structure and studying the potentiality of harming the domestic market due to liberalization and competition.
- Identifying the weakness points in the domestic market that might be solved through importing foreign expertise from abroad. The matter that will be reflected on the Egyptian schedule of commitment submitted in the framework of the World Trade Organization.
- Studying the papers and proposals submitted by the member countries in the WTO.
- Preparing the Egyptian negotiating position which is a reflection of the Egyptian stakeholders’ interests.
 

Click on links below to access more information about trade in services




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