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Trade in Services Agreement negotiations move forward in Geneva

June 14th, 2016

The 18th negotiating round of the Trade in Services Agreement (TiSA) took place from May 26 to June 3, 2016 in Geneva under the chairmanship of the European Union.

The round was organised according to the work plan endorsed at the February round. The objective of this round was to discuss revised offers which were submitted in early May, and to get closer to agreeing on text in Annexes on Telecoms, E-commerce, Localisation, Financial Services and Mode 4 (Service supply via movement of natural persons).

In addition, the agenda provided for discussion of all Transport Annexes (maritime, air and road) and allowed proponents of other Annexes to update on progress made. Initial discussions on the institutional framework of TiSA also took place.

According to a report from the European Union there was good engagement in the discussion of revised offers and progress was made in working towards agreed text.

Further market access discussions addressed Parties' commitments in energy and mining related services, environmental services and delivery services.

The 23 World Trade Organization member economies currently participating in the negotiations are: Australia, Canada, Chile, Chinese Taipei, Colombia, Costa Rica, the European Union, Hong Kong (China), Iceland, Israel, Japan, Liechtenstein, Mexico, New Zealand, Norway, Pakistan, Panama, Paraguay, Peru, South Korea, Switzerland, Turkey and the United States.

The next round is scheduled for 8 - 18 July and will be chaired and organised by Australia.

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