Regulating Services Through Trade Agreements - A Comparative Analysis of Regulatory Disciplines Included in EU and US Free Trade Agreements

Araujo, Melo; Alexis, B

doi:10.2139/ssrn.2605776

Cited by 2 publications

(2 citation statements)

References 16 publications

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“…The analysis shows that almost two-thirds of the RTAs in our sample (47 out of 74) in which at least one signatory is a middle-or lower-income economy, provide for GATS-plus SDR obligations applicable horizontally across services sectors. 23 A study by Araujo suggests that in RTAs between developed and developing economies, horizontal and sectoral domestic regulation obligations have been found to contribute to reconciling regulatory differences and, thereby, secure effective access to services markets (Araujo, 2014). In addition, such agreements can serve as a reference point for developing economies undertaking profound internal regulatory reforms with a view to locking in progress and signaling the existence of a stable regulatory environment to foreign service suppliers (Lejárraga & Shepherd, 2013).…”

Section: Analysis By Income Level and Regional Groupmentioning

confidence: 99%

Services Domestic Regulation

2021

WTO Working Papers

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Services is the fastest-growing sector of today's global economy and trade in services is the most dynamic segment of world trade. However, its potential remains constrained by a variety of barriers: trade costs are estimated to be almost double those in goods, and more than 40% of trade costs are accounted for by regulation-related factors. Regulatory measures related to the permission to supply a service, i.e. those related to licensing and qualifications requirements and procedures, and technical standards, can particularly affect service suppliers' ability to trade. With a view to mitigating the unintended trade-restrictive effects of such measures, since 2017, a group of Members has been negotiating a set of regulatory disciplines in the context of the Joint Initiative on Services Domestic Regulation.

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Section: Analysis By Income Level and Regional Groupmentioning

confidence: 99%

Services Domestic Regulation

2021

WTO Working Papers

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“…61 The development of such obligations in these large PTAs thus provides a potential challenge for developing countries, in particular, for whom negotiating inequalities are more stark, as the United States and EU attempt to introduce these approaches more widely. 62 As has been examined in the chapter on Sanitary and Phytosanitary Standards (SPS) of the CPTPP, 63 substantive convergence is far from the only means by which countries can exert influence over each other's regulation.…”

Section: Envisaging International Regulatory Cooperationmentioning

confidence: 99%

Addressing Domestic Regulation Affecting Trade in Services in CETA, CPTPP, and USMCA: Revolution or Timid Steps?

Ortino

Lydgate

2019

J. World Invest. Trade

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The number of international agreements purporting to liberalise trade, mainly focused on reducing protectionist measures through the imposition of general principles, has increased greatly over the last 25 years. More recently, the United States and the European Union (EU) concluded comprehensive agreements covering trade in goods, trade in services, and foreign investment. This article inquires whether, and the extent to which, such agreements represent a departure from previous practice. It focuses on (a) the instruments employed to address domestic regulation affecting trade in services and (b) three specific agreements concluded between 2016 and 2018: the EU-Canada Comprehensive Economic and Trade Agreement, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, and the United States-Mexico-Canada Agreement. While these recent Preferential Trade Agreements put forward novel approaches to regulatory diversity affecting trade in services, it is too early to ascertain whether these will have any ground-breaking impact in terms of services trade liberalisation.

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Regulating Services Through Trade Agreements - A Comparative Analysis of Regulatory Disciplines Included in EU and US Free Trade Agreements

Cited by 2 publications

References 16 publications

Services Domestic Regulation

Services Domestic Regulation

Addressing Domestic Regulation Affecting Trade in Services in CETA, CPTPP, and USMCA: Revolution or Timid Steps?

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