Thailand Joins WTO Negotiations on Services
Domestic Regulation
WTO members participating in the negotiations on services domestic
regulation welcomed Thailand as the 63rd participant at a meeting on 11 November
at the WTO. Consisting of both developing and developed countries, the participants
account for more than 73 per cent of world services trade.
Thailand
is the first member state of the Association
of Southeast Asian Nations (ASEAN) to join the negotiations. Domestic
regulation disciplines will help facilitate trade in services and increase transparency
and predictability, Thailand emphasized, noting that services account for 60 per
cent of its gross domestic product. According to the latest World Bank annual ratings,
Thailand is one of the leading reformers of services regulations and is ranked 21st
in the Bank's latest ease of doing business.
Participants
(1) continued discussing the draft Reference
Paper containing the proposed disciplines and reiterated
their aim to finalize these negotiations by the 12th WTO Ministerial Conference
scheduled to take place next year. The disciplines apply to licensing and qualification
requirements as well as procedures and technical standards for trade in services.
The objective is to create good regularity practices that help mitigate any unintended
trade-restrictive effects of procedures for authorizing the supply of services.
The Chair,
Jaime Coghi Arias of Costa Rica, stressed that “stabilising the text will send a positive signal to the WTO
membership and beyond, and will allow the negotiations to focus on the next procedural
steps and on how to best engage Ministers for the conclusion of these negotiations”.
The disciplines
are designed to be compatible with WTO members' diverse regulatory systems and approaches.
They provide for built-in flexibilities to help governments implement the measures
domestically.
Participating
members are submitting draft schedules outlining how the disciplines will be incorporated
in their respective commitments under the
General Agreement on Trade in Services (GATS). A total of 30 draft
schedules (representing 57 WTO members) have been submitted so far. Thailand and
Kazakhstan announced their intention to submit their respective draft schedules
soon.
The Chair
highlighted the “good progress” made at the meeting, with most of the outstanding
drafting issues resolved. He called on delegations to “work together in the coming
days and weeks to resolve the few remaining issues, with a view to presenting a
close-to-final Reference Paper before the end of 2020.”
Ministers
from 59 WTO members launched negotiations at the 11th Ministerial
Conference held in December 2017 in Buenos Aires. In May 2019, ministers
meeting on the side-lines of a meeting of the Organisation
for Economic Cooperation and Development (OECD) confirmed their commitment to deliver
a meaningful outcome by the 12th Ministerial Conference.
More
information on the negotiations on services domestic regulation can be found here.
Participants
meet once a month. The next meeting is scheduled for 10 December.
1.
Albania;
Argentina; Australia; Austria; Belgium; Brazil; Bulgaria; Canada; Chile; China;
Colombia; Costa Rica; Croatia; Cyprus; Czech Republic; Denmark; El Salvador; Estonia;
European Union; Finland; France; Germany; Greece; Hong Kong, China; Hungary; Iceland;
Ireland; Israel; Italy; Japan; Kazakhstan; Korea, Republic of; Latvia; Liechtenstein;
Lithuania; Luxembourg; Malta; Mauritius; Mexico; Moldova, Republic of; Montenegro;
Netherlands; New Zealand; Nigeria; North Macedonia; Norway; Paraguay; Peru; Poland;
Portugal; Romania; Russian Federation; Saudi Arabia, Kingdom of; Slovak Republic;
Slovenia; Spain; Sweden; Switzerland; Separate Customs Territory of Taiwan, Penghu,
Kinmen and Matsu; Thailand; Turkey; Ukraine; United Kingdom; and Uruguay.