South Asia's Multilateral and Regional Commitments in Services

Rupa Chanda

in Integrating Services in South Asia

Published in print October 2011 | ISBN: 9780198069959
Published online September 2012 | e-ISBN: 9780199080021 | DOI:
South Asia's Multilateral and Regional Commitments in Services

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This chapter outlines the service sector commitments made by the member countries of the South Asian Free Trade Agreement (SAFTA) in the World Trade Organization and in their other bilateral or regional agreements. It examines the main characteristics of these commitments, their relation to their unilateral liberalization in these areas, how their multilateral commitments compare with their regional/bilateral commitments in services, and essentially what this reflects about their willingness and preparedness to negotiate and liberalize services in the context of SAFTA. The chapter also describes the status of these commitments with the existing levels of liberalization to indicate the countries' willingness to liberalize unilaterally as opposed to multilaterally or regionally. This discussion thus provides a sort of reality check on where intra-regional integration is feasible and not just where there is potential.

Keywords: South Asia; South Asian Free Trade AgreementK; SAFTA; service sector; World Trade Organization; liberalization; services; intra-regional integration; multilateral commitments

Chapter.  7930 words.  Illustrated.

Subjects: Business and Management

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