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Making Trade in Services Supportive of Development in Commonwealth Small and Lowincome Countries

image of Making Trade in Services Supportive of Development in Commonwealth Small and Lowincome Countries

This Economic Paper assesses new innovative measures in trade in service negotiations that reflect the vulnerabilities and challenges faced by developing countries. It outlines the approaches that can help small and lowincome countries employ the Special and Differential Treatment Arrangements provided under the WTO GATS in a manner that is practical and supportive of their economic development.

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Introduction: Definition of Special and Differential Treatment

Special and differential treatment is generally viewed as an important means of assisting small and low-income countries to benefit from opportunities from international trade in services and to make trade in services supportive of economic development.1 However, it is fraught with challenges of both a conceptual and practical nature. Devising arrangements and measures to make SDT an effective policy tool in reality is very challenging and one of the reasons that SDT has often remained in the realm of ‘best endeavours’ or exhortatory clauses.

English

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