The General Agreement on Trade in Services (GATS)
The creation of the GATS was one of the landmark achievements of the Uruguay Round, whose results entered into force in January 1995.
The GATS was inspired by essentially the same objectives as its counterpart in merchandise trade, the General Agreement on Tariffs and Trade (GATT): creating a credible and reliable system of international trade rules; ensuring fair and equitable treatment of all participants (principle of non-discrimination); stimulating economic activity through guaranteed policy bindings; and promoting trade and development through progressive liberalization.
Read Full News Story » Will the UK Lose all EU Trade Agreements in a WTO Brexit?
