WTO on the Services Industry

WTO SERVICES OFFERS

As part of the agreement to launch a new round of WTO services negotiations in 2000, WTO members agreed to submit initial services requests by June of 2002, and table initial services offers by the end of March, 2003. Revised offers were due in May of 2005. As of January 31, 2006, the following revised offers were made publicly available:

Australia
Brazil
Canada
Chile
China
Egypt
European Union
Iceland
India
Japan
Korea

Liechtenstein
Malaysia
New Zealand
Norway
Switzerland
Turkey
United States

In addition, several other countries have tabled revised offers which have not yet been made publicly available. These include Argentina, Bahrain, Bolivia, Chinese Taipei, Colombia, Honduras, Hong Kong China, Macao China, Malaysia, Mexico, Peru, Singapore, Suriname, Thailand, and Uruguay.

However, many WTO members have yet to table initial offers, let alone revised ones, and many of those offers that have been tabled offer little new liberalization. CSI and its counterpart organizations in other countries are pressing for greater progress on services. Twenty-two developing country Members have not submitted an initial offer: Antigua and Barbuda, Armenia, Belize, Botswana, Cameroon, Congo, Cote d'Ivoire, Ecuador, Georgia, Ghana, Kuwait, Kyrgyz Republic, Moldova, Mongolia, Namibia, Nigeria, Oman, Papua New Guinea, Romania, Swaziland, Venezuela, and Zimbabwe.

Below are links to those initial offers that are currently available as of March 30, 2006. In addition, the countries that have submitted initial offers, but which have not yet made those offers publicly available, are: Albania, Barbados, Brunei Darussalam, Chinese Taipei, Croatia, Cuba, Dominica, Dominican Republic, Egypt, El Salvador, Gabon, Grenada, Guyana, Honduras, Indonesia, Jamaica, Jordan, Kenya, Macao-China, Macedonia, Malaysia, Nicaragua, Philippines, Qatar, St. Christopher and Nevis, St. Lucia, St. Vincent and the Grenadines, Senegal, Trinidad and Tobago, Tunisia, and United Arab Emirates. The Czech Republic, Poland, the Slovak Republic and Slovenia have removed their offers since their offers have been consolidated with the EU's offer which represents 25 countries.

Argentina
Australia
Bahrain
Bolivia
Brazil
Bulgaria
Canada
Chile
China
Colombia
Costa Rica
European Communities and its Member States
Fiji
Guatemala
Hong Kong China
Iceland
India
Israel
Japan
Korea
Liechtenstein
Mauritius
Mexico
Morocco
New Zealand
Norway
Pakistan
Panama
Paraguay
Peru
Singapore
South Africa
Sri Lanka
Suriname
Switzerland
Thailand
Turkey
United States
Uruguay

 

IMPORTANT SERVICES LINKS

Director-General Supachai's Final Report to the Trade Negotiations Committee, July 28, 2005

Ambassador Jara's Report on the Services Negotiations, July 2005

WTO General Council Statement, July 31, 2004

WTO Services Negotiations Home Page

Services Drive Growth

The Service Economy

Services represents approximately 75% of US economic output and about 80% of US private sector employment. In 2010, US private services exports exceeded $526 billion, and had a services trade surplus of approximately $168 billion.

Services are essential inputs into the production of virtually all products.  The price and quality of services influence costs and productivity in all other sectors in an economy, including manufacturing and agriculture.  Thus, when liberalized and made more efficient, services have a strong effect in the competitiveness of an entire economy.  For more data and statistics on the service economy, click here.

About CSI

CSI is the leading business organization dedicated to the development of U.S. domestic and international policies that enhance the global competitiveness of the U.S. service sector through bilateral, regional, multilateral, and other trade and investment initiatives.
For more information, click here...