What is the General Agreement on Trade in Services?

The General Agreement on Trade in Services (GATS) is a trade agreement that establishes ‘a credible and reliable system of international trade rules [for the services sectors], ensuring fair and equitable treatment of all participants … stimulating economic activity through guaranteed policy bindings; and promoting trade and development through progressive liberalization.’* It covers all services sectors with the exception of services supplied in the exercise of governmental authority and measures affecting air traffic rights and services. It identifies four modes of supply: cross-border supply, consumption abroad, commercial presence abroad, and the presence of natural persons abroad.

Sustainable Development Goals:

Industry, Innovation and Infrastructure

Peace, Justice and Strong Institutions