Old Fault Lines Re-Emerge Ahead Of TISA Deadline For Revised Offers

Ahead of a May 6 deadline for submitting revised offers in the Trade in Services Agreement (TISA), old fault lines among major participants came to the forefront at last week's negotiating session where ambassadors outlined their market access priorities, according to informed sources. Participants disagreed on whether trading partners should be able to take exceptions from national treatment obligations for new services and about the breadth of such exceptions, sources said. This disagreement further complicates the TISA market access negotiations,...