Trade in Services Agreement (TiSA)
Quick Facts on TiSA
- an agreement to liberalise trade in services
- involves 23 WTO members, including the EU, who together account for 70% of world trade in services
- open to other WTO members and compatible with WTO / GATS
- could be made part of the WTO once enough WTO members join
- 21 rounds of talks in Geneva by November 2016
- no set deadline to end the talks
- EU position papers on TiSA
The Trade in Services Agreement (TiSA) is a trade agreement currently being negotiated by 23 members of the World Trade Organisation (WTO), including the EU. Together, the participating countries account for 70% of world trade in services.
TiSA is based on the WTO's General Agreement on Trade in Services (GATS), which involves all WTO members. The key provisions of the GATS – scope, definitions, market access, national treatment and exemptions – are also found in TiSA.
The talks are based on proposals made by the participants. TiSA aims at opening up markets and improving rules in areas such as licensing, financial services, telecoms, e-commerce, maritime transport, and professionals moving abroad temporarily to provide services.
The European Commission negotiates based on a mandate issued by the governments of the EU's 28 member countries. In March 2015, EU governments agreed to publish the mandate.
TiSA in a nutshell
Facilitating trade in services...
Services are an increasingly important in the global economy and a central part of the economy of every EU country. The EU is the world's largest exporter of services with tens of millions of jobs throughout Europe in the services sector. Opening up markets for services will mean more growth and jobs.
By opening up trade in services, we also hope the TiSA talks will help kick start the stalled multilateral negotiations – the Doha Development Round or DDA – being carried out under the umbrella of the World Trade Organisation.
...Between a group of like-minded countries...
23 WTO members are taking part in the TiSA talks:
Australia, Canada, Chile, Chinese Taipei, Colombia, Costa Rica, the EU, Hong Kong China, Iceland, Israel, Japan, Korea, Liechtenstein, Mauritius, Mexico, New Zealand, Norway, Pakistan, Panama, Peru, Switzerland, Turkey and the United States. Of these, the EU has no free trade agreements on services with Chinese Taipei, Israel, Pakistan or Turkey.
... and designed to encourage others to join
TiSA is open to all WTO members who want to open up trade in services. China has asked to join the talks. The EU supports its application because it wants as many countries as possible to join the agreement.
TiSA is based on the WTO's General Agreement on Trade in Services (GATS), which involves all WTO members. This means that if enough WTO members join, TiSA could be turned into a broader WTO agreement and its benefits extended beyond the current participants.
How is it organised?
The meetings take place in Geneva. They are chaired alternately by the EU, Australia and the US. The talks and decision-making are consensus-based.
Like any other trade negotiations, the TiSA talks are not carried out in public and the documents are available to participants only.
The EU, however, has been keen to be as transparent as possible and has published some of its own position papers, as well as factual round reports.
The European Commission negotiates on behalf of the EU. Its team of negotiators provide regular briefings to the Council – where representatives of the governments of the EU's Member States sit – and to the European Parliament. The Commission also organises frequent meetings with business and civil society.
TiSA participants keep other WTO members regularly informed of the state of play of negotiations.
Sustainability Impact assessment
An independent consultant, Ecorys, is currently carrying out a Sustainability Impact Assessment (SIA) for TiSA. This study explores the potential economic, social and environmental impacts of the agreement. A draft interim report suggests that an improved legal certainty provided by TiSA might lower cost of trade in services by 3.4 percent in the OECD markets and 5.8 percent for low and middle income markets. In view of the methodological challenges and scarcity of statistics related to trade in services, quantitative findings of the study should however be considered with caution. Quantitative results are therefore going to be complemented with more qualitative analysis in the next steps of the study.
State of play
The talks started formally in March 2013, with participants agreeing on a basic text in September 2013. By the end of 2013, most participants had indicated which of their services markets they were prepared to open and to what extent.
By November 2016, 21 negotiation rounds have taken place. The talks are progressing well. There is no formally set deadline for ending the negotiations.
More information on TiSA
News on TiSA
- Report of the 21st TiSA negotiation round, 17 November 2016
- TiSA EU second revised offer: 21 October 2016
- Report of the 20th TiSA negotiation round, 3 October 2016
- Report of the 19th TiSA negotiation round, 27 July 2016
- Report of the 18th TiSA negotiation round, 13 June 2016
- TiSA EU revised offer, 26 May 2016
- Report of the 17th TiSA negotiation round, 27 April 2016
- Report of the 16th TiSA negotiation round, 19 February 2016
- Report of the 15th TiSA negotiation round, 29 November - 4 December 2015
- Report of the TiSA negotiation round taking place 6-13 October 2015, 29 October 2015
- EU to chair the next round of plurilateral talks on services, 13 April 2015
- Council of the EU published the negotiating directives for a plurilateral Trade in Services Agreement, 10 March 2015
- European Commission reaffirms commitment to protecting public service in trade agreements (TiSA), 5 February 2015
- Quick facts: 10th round of talks on trade in services (TiSA), 2 December 2014
- EU chairs next round of plurilateral talks on services, 19 September 2014
- EP’s Trade committee Chair Bernd Lange welcomes publication of draft TiSA documents, 25 July 2014
- EU backs Uruguay joining talks on Trade in Services Agreement (TiSA), 2 May 2014
- EU backs China joining talks on Trade in Services Agreement (TiSA), 31 March 2014
- 6th round TiSA talks end in Geneva, 24 February 2014
- EU to chair plurilateral talks to open services markets, 17 February 2014
- European Commission proposes to open plurilateral trade negotiations on services, 15 February 2013
- Memo - Negotiations for a Plurilateral Agreement on Trade in services