|
|
General Agreement on Trade in Services |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
General Agreement on Trade in ServicesThe agreement, negotiated in the Uruguay Round that brings international trade in services into the WTO. It provides for countries to provide national treatment to foreign service providers and for them to select and negotiate the service sectors to be covered under GATS.Similar MatchesPlurilateral agreementPlurilateral agreementThe plurilateral agreements of the WTO contrast with the larger multilateral agreements in that the former are signed onto by only those member countries that choose to do so, while all members are party to the multilateral agreements. Reciprocal trade agreementReciprocal trade agreementAgreement between two countries to open their markets to each other's exports, usually by each reducing tariffs. Early trade rounds under the GATT consisted mostly of reciprocal trade agreements, extended to other contracting parties by the MFN requirement. Multilateral agreementMultilateral agreementAn agreement among a large number of countries. Knock for knock agreementKnock for knock agreementAlthough it currently rarely applies, this is a motor insurance term describing an agreement between insurance companies where each pays the claims of its own clients following an accident. This principle applies irrespective of blame and seeks to save time and expense. One of the parties involved in such circumstances may however seek to sue the other and if successful may claim from the other's insurers. Schengen AgreementSchengen AgreementAn agreement (later, convention) signed in 1985 to remove all frontier controls and permit free movement of persons between the participating countries. In 1999 it was incorporated into the European Union. Currently (2001), the participants include all EU countries except Ireland and the U.K., plus Iceland and Norway. Further SuggestionsFranchise agreementFiscal agency agreement Lending agreement General Agreement on Tariffs and Trade (GATT) tenancy agreement ABC agreement TRIPs Agreement Europe Agreement Tax clawback agreement Lease purchase agreement Buttonwood Agreement Agreement in principle Revolving credit agreement Smithsonian Agreement Raw material supply agreement Standby agreement Selected dealer agreement Subordination Agreement Bilateral agreement Option agreement Partnership agreement Rights Agreement (aka "Poison Pill") Association Agreement Tolling agreement Voluntary restraint agreement |
|
|
|