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| | Frequently Asked Questions - General Agreement on Trade in Services (GATS) (Site not responding. Last check: 2007-10-17) |
 | | The GATS covers all internationally traded services with two exceptions: services provided to the public in the exercise of governmental authority, and, in the air transport sector, traffic rights and all services directly related to the exercise of traffic rights. |
 | | However, the GATS establishes a framework of rules to ensure that Members administer their services regulations in a manner which is reasonable, objective and impartial and does not constitute unnecessary barriers to trade. |
 | | Further, the Annex on Financial Services entitles Members, regardless of other provisions of the GATS, to take measures for prudential reasons,including for the protection of investors, depositors,policy holders or persons to whom a fiduciary duty is owed by a financial service supplier, or to ensure the integrity and stability of the financial system. |
| www.indiainbusiness.nic.in /faq/gats_trade1.htm (3097 words) |
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