General Agreement on Trade in Services (GATS): GATS is a legally binding framework for international trade in services. See also related instruments. The following text is based on a more comprehensive GATS training module, available on the WTO website (www.wto.org). An appendix contains a glossary of the most commonly used terms. All members of the World Trade Organization (WTO) are signatories to the GATS and must assume the obligations that flow from it. Similarly, in accordance with Article XIX of the GATS, they commit to further negotiations on trade liberalization. The first round of this type began in January 2000 and was soon integrated into the broader context of the Doha Development Agenda (DDP). The Republic of Honduras is a low-income country facing major challenges, with more than two-thirds of the country`s population living in poverty and about 46% in extreme poverty. Honduras ranked 78th out of 132 countries that measure institutions, policies and services to facilitate trade in countries as part of the Enabling Trade Index (WEF) (WEF) (2012). The Honduran trade regime is very open.
Globally, the country`s exports face very good access to foreign markets. In return, the country is open to imports; However, the poor business environment (particularly cumbersome and cumbersome administrative constraints) and poor performance in essential commercial services, which enable infrastructure services, are significantly hampering foreign trade activities. The implementation of many free trade agreements in recent years has led to some modernization and liberalization of the country`s trade and investment systems (World Bank in 2012; WEF 2012) The Honduran trading system is relatively open: in 2012, the average tariff rate was around 6% (relatively stable at this rate for more than 10 years), modest use of non-tariff barriers and non-compliance with emergency measures. Agricultural products are subject to an average tariff of 10.5%, while the average tariff for non-agricultural products was 5.0%. Dairy products are covered by a relatively high average tariff of 22.5%, and some animal products are subject to a high maximum tariff of 165%. Honduras not only has free trade agreements with Colombia, Mexico, Chile, Taiwan and Panama, but also participates in the Common Market of the Americas (CACM), which includes Guatemala, El Salvador, Nicaragua and Costa Rica. As a member of the CMAC, Honduras applies a common external tariff (CET) for most items with a maximum rate of 15%, with a few exceptions. The CMAC also concluded free trade agreements with the United States and the Dominican Republic (CAFTA-DR) in 2004 and concluded a free trade agreement with the EU in 2011. The implementation of these free trade agreements has led to the modernization and liberalization of the country`s trade and investment systems.
(WTO, 2012). Bertelsmann Foundation, 2012, Honduras Country Profile The GATS provides “special treatment” for least developed countries (LDCs). This was followed, among other things, through a waiver to allow preferential treatment for LDC exporters. Services negotiations: WTO members continue discussions on continuing negotiations to gradually achieve a higher level of liberalization, as stipulated in Article XIX of the GATS. MEPs also negotiate national regulation in the services sector. The General Agreement on Trade in Services (GATS) came into force in January 1995 following the Uruguay Round negotiations to extend the multilateral trading system to services. GATS: Goals, coverage and disciplines An in-depth look, in the form of questions and answers.