Trade in Financial Services:• Highly regulated sector• Sector opened in last quarter of 20thcentury• Some sub-sectors operate on aglobal basis• Market share of foreign-ownedinsurance companies in Europe 41%,Latin America 47% and Asia 12%...

Viewing the challenges from 3 perspectives: Demandeurs, Targeted countries, Systemic...

Whenever a bilateral agrrement affects trade in services, the relevant provisions are multilateralized via Art. II:1 of GATS. Only exceptions: Preferential trade agreements, Recognition measures, MFN Exemptions...

The temptation for more protectionism has to be resisted. National reactions that try to hinder international capital flows or prevent foreign activities from being carried out in an efficient and fair manner weill reduce the benefits that the international economic cooperation has brought to...