The Draft SADC Annex on Trade in Services. UNCTAD Secretariat Sub-regional Conference on Improving Industrial Performance and Promoting Employment in SADC Gallagher Estate 6-8 December 2006. The Growing Importance of Services. Services are becoming the largest sector in most economies
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Sub-regional Conference on Improving Industrial Performance and Promoting Employment in SADC
6-8 December 2006
In 2002 services contributed on average:
- 72% of GDP in industrialized economies
- 49% of GDP in developing countries (DCs)
Trade in services can contribute to:
The mandate for negotiating trade in services in SADC
stems from Article 23 of the SADC Trade Protocol:
2. Member States shall adopt policies and implement measures in accordance with their obligations in terms of the GATS, with a view to liberalising their services sector within the Community.
Main GATS obligations include:
Three track implementation plan:
- SADC-wide exercise
- SADC Members States that are also members of COMESA will also benefit from assessment work undertaken in COMESA
Assessment undertaken will consist of: