Financial Daily from THE HINDU group of publications
Friday, Aug 09, 2002

Port Info

Group Sites

Industry & Economy - WTO

India files request on maritime under GATS

K.R. Srivats


INDIA has submitted its "initial request" on maritime services to specific countries under the ongoing mandated negotiations of the General Agreement on Trade in Services (GATS).

Confirming this move, a senior Department of Commerce official said India is likely to soon submit its initial request on tourism. An initial request has already been made on Medical, Dental and Health Services.

The method of negotiations that had been adopted in the case of services under the WTO is the request-offer approach. The Doha Ministerial Declaration had required members to submit initial requests by June 30, 2002, and make initial offers by March 31, 2003, in order to further the negotiations under GATS.

In June this year, India made specific requests on medical, dental and health services to the quad countries — the EC, the US, Japan and Canada (mode 1 and mode 4), Far-East countries (all four modes), West Asia and certain African countries (all four modes).

About 80 per cent of the world's trade in services occurs through only two modes — mode 1 (cross-border supply of services) and mode 3 (establishment of commercial presence) out of the four modes of supply of services.

While mode two related to consumption abroad like tourism services, etc., mode 4 related to movement of natural persons.

Send this article to Friends by E-Mail

Stories in this Section
Pension adalat at Kozhikode on Sept 19

No investment limits on new tax-free bonds
`Use cost advantage to lure foreign drug cos'
Liquor shop licence fee hike stayed in TN
Promotion of SEZs, industrial parks — Srei Capital in pact with Singapore consultant
`Power conservation need of the hour'
Chambers' plea on VAT
New policy to scrap coal sale linkages
Private coal washeries to make impact soon
Liquor cos ask channels to take off surrogate ads
Conditional access: Broadcasters to hold meeting
JNTU, QualCore tie up for MS course in VLSI
T.A. Pai Institute application forms
Industry optimistic about sales — No drought of cricket for colour TV manufacturers
FKCCI team for Lanka
Hopes of turnaround seen in readymade garment exports
TUFS extended to second-hand imported knitting machines
India files request on maritime under GATS
Charity work takes a green hue
Report on tribals displaced by Sardar Sarovar dam — `Govt must suitably rehabilitate victims'
HR summit to feature experts
Chennai Engagements
Handicraft exports post 17-fold rise
Plan to brand Maharashtra as tourist destination

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

Copyright 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line