Market access for services
Market access for services: the GATS promotes the goal of open and non- discriminatory market access for services and their suppliers. It does not define market access, but in Article XVI it lists six types of measures which must not be maintained or adopted. Broadly, they are (i) limitations on the number of service suppliers, (ii) limitations on the total value of service transactions, (iii) limitations on the total number of service operations, (iv) limitations on the number of persons that may be employed, (v) entity restrictions or joint-venture requirements and (vi) limitations on the level of foreign equity. Economics needs tests governing market access are to be eliminated.
Source: http://ctrc.sice.oas.org/trc/WTO/Documents/Dictionary%20of%20trade%20%20policy%20terms.pdf
Web site to visit: http://ctrc.sice.oas.org
Author of the text: W. Goode
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