CORPORATE COUNSELLOR
The AEC and labour market issues
- Published: 24/02/2012 at 08:13 AM
- Newspaper section: Business
The Asean Framework Agreement on Services (AFAS), signed in 1995, had a goal to liberalise trade in services by expanding the scope and depth of liberalisation beyond what member states had agreed under the General Agreement on Trade in Services (GATS).
As a general matter, AFAS adopts the same four "modes of supply" for services as used in GATS: cross-border supply, consumption abroad, commercial presence and presence of natural persons.
Since 1995, Asean member countries have held several rounds of negotiations on easing the flow of services. As such, the movement of natural persons (GATS mode 4) is negotiated in the overall context of enhancing trade in services among Asean members.
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.
About the author
- Writer: Tilleke & Gibbins International Ltd
- Position: Consultant company
