What May the WTO Telecommunication Agreement Mean for Emerging Nations?
In February 69 World Trade Organization (WTO) member nations {footnote 1} agreed to open their telecommunication services markets [1]. The agreement was signed by a mix of industrialized and emerging nations, which, according to the International Telecommunications Union (ITU), accounted for over 91% of global telecommunication revenues and 82% of the world’s telephone main lines in 1995; however, notable nations like fast-growing China and Russia are not on the list.
