Trade in services constitutes one of the still unresolved problems in the Uruguay Round. What progress has been made so far in this field? Which are the remaining points at issue? What are the prospects for agreement on a comprehensive solution?

Most developing countries have shown reluctance towards the inclusion of trade in services in the normal GATT negotiating framework, as demanded by industrialised countries. What are the reasons for their scepticism?

Applicant countries in transition wishing to revitalise or establish new ties with the GATT/WTO system will be able to achieve this neither in a rash nor uniform fashion. Undisputedly the necessary economic reforms in Central and Eastern Europe will take time. With respect to foreign trade, the...