Communication from Japan - The Relationship between the Future Multilateral Investment Rules and the GATS

World Trade Organization WT/WGTI/W/156 8 April 2003 (03-1935) Working Group on the Relationship between Trade and Investment Original: English communication from japan The following communication, dated 7 April 2003, has been received from the Permanent Mission of Japan. _______________ The Relationship between the Future Multilateral Investment Rules and the GATS Introduction As trade and investment are very closely related, many of the WTO Agreements cover cross-border investment activities, either directly or indirectly. These Agreements include GATS(General Agreement on Trade in Services), TRIPS(Agreement on Trade Related Aspects of Intellectual Property Rights), TRIMS(Agreement on Trade Related Aspects of Investment Measures), and ASCM(Agreement on Subsidies and Countervailing Measures). Among them, relevance of the GATS to the ongoing work was made clear throughout the discussion at the Working Group last year. Therefore, the in