What principles underlie the Negotiations?
The underlying principles of the services negotiations are contained in the Guidelines and Procedures for Negotiations on Trade in Services (NGP) which member countries were required to finalise. India played an instrumental role in finalisation of the NGP. India alongwith 22 other developing countries prepared and submitted a draft proposal on NGP entitled “Elements of Negotiating Guidelines and Procedures” for consideration of the WTO membership. The adopted NGP is largely based on India’s proposal. The main elements of the Negotiating Guidelines and Procedures, inter alia, are: 1) There shall be progressive liberalisation in trade in services with due respect to national policy objectives, the level of development and the size of economies. 2) The existing structure and principle of GATS shall be maintained including the right to choose the sectors and modes of supply while undertaking commitments. 3) The Request-Offer approach shall be the main method of negotiations. 4) The starti
The underlying principles of the services negotiations are contained in the Guidelines and Procedures for Negotiations on Trade in Services (NGP) which member countries were required to finalise. India played an instrumental role in finalisation of the NGP. India alongwith 22 other developing countries prepared and submitteed a draft proposal on NGP entitle “Elements of Negotiating Guidelines and Procedures” for consideration of the WTO membership. The adopted NGP is laegely based on India’s proposal. The main elements of the Negotiating Guidelines and Procedures, inter alia, are: • There shall be prograssive liberalisation in trade in services with due respect to national policy objectives, the level of development and the size of economies. • The existing structure and principle of GATS shall be maintained including the right to choose the sectors and modes of supply while undertaking commitments. • Request – Offer approach shall be the main method of negotiations. • The starting poi
