Annual Report of the Committee on Trade in Financial Services to the Council for Trade in Services (2008)
World Trade
Organization S/FIN/20
3 December 2008
(08-5918)
ANNUAL REPORT OF THE COMMITTEE ON TRADE IN FINANCIAL SERVICES TO THE COUNCIL FOR TRADE IN SERVICES (2008)
Since its last Annual Report to the Council for Trade in Services (S/FIN/18), the Committee on Trade in Financial Services has held two formal meetings, on 12 November 2007, and 3 June 2008. 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 the transitional review of the implementation by China of its WTO commitments, pursuant to section 18 of the Protocol on the Accession of the People's Republic of China.
acceptance of the fifth protocol to the gats
Three Members have not yet accepted the Protocol: Brazil, Jamaica, and the Philippines. At the Committee’s request, these Members have reported periodically on the situat