ANP: Panama will participate in the round of negotiations of the Agreement on Trade in Services TISAjulio 8, 2015 11:45 am 6.103 Comentarios
The TISA is a negotiation on services, based on the General Agreement on Trade in Services, which seeks to improve and expand trade in services
From 6 to July 10 it will be conducting a round of negotiations of the Agreement in Trade in Services (TISA, for its acronym in English), in the city of Geneva, Switzerland, reported the Ministry of Trade and Industry.
The TISA is a negotiation on services, based on the General Agreement on Trade in Services, which seeks to improve and expand trade in services. With this negotiation, Panama seeks to provide greater legal certainty for cross-border services, and enhanced as a regional center of attraction of investments.
On June 3 Minister Meliton Arrocha participated in the first Ministerial meeting in Paris, France. The Minister of Panama took this opportunity to express the importance of these negotiations given that the services sector represents in our economy about 77% of GDP, and the fact that the countries participating in these negotiations represent 70% of world trade service.
«The outcome of these negotiations will bring greater legal certainty for our most dynamic sector of our economy and improve the investment climate in this sector» Arrocha said.
Financial services, movement of natural persons, domestic regulation, transparency, electronic commerce and telecommunications: During this round the following topics. Officials from the Ministry of Trade and Industry will participate in the negotiations, in close coordination with the competent authorities. The Panamanian negotiating team would be reserving the sectoral sensitivities of our economy.
In this negotiation, involving twenty-four (24) WTO member economies, including Panama, namely: Australia, Canada, Chile, Chinese Taipei, Colombia, Costa Rica, United States, European Union, Hong Kong China, Iceland, Israel , Japan, Republic of Korea, Mexico, New Zealand, Norway, Pakistan, Peru, Switzerland, Liechtenstein, Paraguay, Uruguay, and Turkey; which would give us fifty-one (51) countries involved, if we Member States of the European Union.
Source: Panama News Agency – ANP
Ernesto Chong de León, Ernesto Emilio Chong Coronado
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