Report of the Committee on Trade in Financial Services to the Council for Trade in Services (2002) - Update (2003)
- WTO Secretariat
- 2005/08/15
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WORLD TRADE
ORGANIZATION
S/FIN/9
3 July 2003
(03-3554)
Committee on Trade in Financial Services
UPDATE TO THE ANNUAL REPORT OF 2002 OF THE COMMITTEE ON TRADE IN FINANCIAL SERVICES TO THE COUNCIL FOR TRADE IN SERVICES (2003)
1. Since its last annual report to the Council for Trade in Services, the Committee on Trade in Financial Services has held three formal meetings, on 2 December 2002, 26 February 2003, and 16 May 2003. Reports of those meetings are contained in documents S/FIN/M/38 to 40. In this period, the Committee addressed the following matters: the acceptance of the Fifth Protocol to the General Agreement on Trade in Services; technical issues; recent developments in financial services trade; and a presentation by the World Bank.
I. ACCEPTANCE OF THE FIFTH PROTOCOL TO THE GATS
2. In the period under consideration, Dominican Republic, Poland and Uruguay informed the Committee that they had concluded their domestic procedures and would be in a pos