Fact sheet on Trade in Services Agreement (TiSA)
Trade in services should preferably be dealt with in the WTO, but as the Doha Round has made no progress in the area of services, a separate plurilateral Trade in Services Agreement (TiSA) has been under negotiation since March 2013.
The negotiations involve 50 countries, almost one third of the members of the WTO, which account for 75 per cent of global trade in services. Of particular interest to Sweden are the TiSA countries with which the EU does not have free trade agreements or active negotiations.
Work on TiSA is progressing relatively quickly. The basic premise is to further develop the General Agreement on Trade in Services (GATS) and create a better and more predictable agreement. The aim is for the agreement to eventually be integrated into the WTO. New countries are officially welcome and a number of countries have joined in since the start. If more countries joined, the benefits of TiSA would increase. This would also be a step towards integrating TiSA into the WTO. One key issue is the participation of China, which requested in 2013 to be allowed to take part in the negotiations. China’s entry to TiSA has clear political support from the EU.