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Services Trade Liberalisation in South Asia

Raihan, Selim (2013): Services Trade Liberalisation in South Asia. Forthcoming in:

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Abstract

Over the last three decades, the services sector has boomed in the South Asian countries. Alongside the growth, liberalisation of the services trade too has become a critical economic agenda for these economies. Some of their services sectors have been liberalised as part of their commitment under GATS. Under the request-offer process of GATS, there have been requests from other developing and developed countries to open up services sectors of the South Asian countries. Additionally, they have also taken steps for the unilateral liberalisation of the sector. South Asian countries have also taken initiatives to liberalise trade in services among themselves. The latest development of these initiative is the South Asian Agreement on Trade in Services (SATIS) in 2010. This paper looks at the major issues related to the services trade liberalisation in South Asia.

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