DECISION ON INSTITUTIONAL ARRANGEMENTS
FOR THE GENERAL AGREEMENT ON TRADE IN SERVICES
Ministers recommend that the Council for Trade in Services at its first meeting shall adopt the
decision on subsidiary bodies set out below.
INSTITUTIONAL ARRANGEMENTS FOR
THE GENERAL AGREEMENT ON TRADE IN SERVICES
The Council for Trade in Services, acting pursuant to Article XXIV with a view to facilitating
the operation and furthering the objectives of the General Agreement on Trade in Services,
Decides as follows:
1. Any subsidiary bodies, that the Council may establish shall report to the Council
annually or more often as necessary. Each such body shall establish its own rules of procedure, and
may set up its own subsidiary bodies as appropriate.
2. Any sectoral committee shall carry out responsibilities as assigned to it by the
Council, and shall afford Members the opportunity to consult on any matters relating to trade in services
in the sector concerned and the operation of the sectoral annex to which it may pertain. Such
responsibilities shall include:
- (a) to keep under continuous review and surveillance the application of
the Agreement with respect to the sector concerned;
- (b) to formulate proposals or recommendations for consideration by the
Council in connection with any matter relating to trade in the sector
concerned;
- (c) if there is an annex pertaining to the sector, to consider proposals for
amendment of that sectoral annex, and to make appropriate recommend-
ations to the Council;
- (d) to provide a forum for technical discussions, to conduct studies on
measures of Members and to conduct examinations of any other
technical matters affecting trade in services in the sector concerned;
- (e) to provide technical assistance to developing country Members and
developing countries negotiating accession to the Agreement
Establishing the WTO in respect of the application of obligations or
other matters affecting trade in services in the sector concerned; and
- (f) to cooperate with any other subsidiary bodies established under this
Agreement or any international organizations active in any sector
concerned.
3. There is hereby established a Committee on Trade in Financial Services which
will have the responsibilities listed in paragraph 2 above.
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