Conclusion of an agreement under GATS on the modification of schedules of specific commitments
01020304
With the European Parliament.
Last active 10 Nov 2022
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What this bill does
In plain terms: what it changes and who it affects.
This proposal approves new WTO commitments limiting unnecessary regulatory barriers to trade in services in the European Union.
Who it affects
It affects service providers trading across borders with the EU, including sectors subject to licensing, qualification rules, technical standards, and financial services regulation.
Core of the proposal
- Incorporates WTO domestic regulation disciplines into the EU’s GATS services commitments.
- Covers licensing requirements, licensing procedures, qualification requirements, qualification procedures, and technical standards.
- Allows alternative disciplines for financial services commitments.
- Gives legal effect through certification of the EU’s modified GATS schedule.
Key provisions
- Transitional law
- Participants aim to submit modified schedules for WTO certification within twelve months of the 2 December 2021 Declaration.
Latest update
26 May 2026The most recent development in this bill's progress.
Moved to European Parliament
Documents
2 recentSourcesOEIL