Copyright 1995 NLCIFT



Title:DECISION ON INSTITUTIONAL ARRANGEMENTS FOR THE GENERAL AGREEMENT ON TRADE IN SERVICES
             DECISION ON INSTITUTIONAL ARRANGEMENTS
         FOR THE GENERAL AGREEMENT ON TRADE IN SERVICES


     Ministers recommend that the Council for Trade in Services
at its first meeting shall adopt the decision on subsidiary
bodies set out below.


                 INSTITUTIONAL ARRANGEMENTS FOR
           THE GENERAL AGREEMENT ON TRADE IN SERVICES

     The Council for Trade in Services, acting pursuant to
Article XXIV with a view to facilitating the operation and
furthering the objectives of the General Agreement on Trade in
Services,

     Decides as follows:

1.   Any subsidiary bodies, that the Council may establish shall
report to the Council annually or more often as necessary.  Each
such body shall establish its own rules of procedure, and may set
up its own subsidiary bodies as appropriate.

2.   Any sectoral committee shall carry out responsibilities as
assigned to it by the Council, and shall afford Members the
opportunity to consult on any matters relating to trade in
services in the sector concerned and the operation of the
sectoral annex to which it may pertain.  Such responsibilities
shall include:

     (a)  to keep under continuous review and surveillance the
          application of the Agreement with respect to the sector
          concerned;

     (b)  to formulate proposals or recommendations for
          consideration by the Council in connection with any
          matter relating to trade in the sector concerned;

     (c)  if there is an annex pertaining to the sector, to
          consider proposals for amendment of that sectoral
          annex, and to make appropriate recommendations to the
          Council;

     (d)  to provide a forum for technical discussions, to
          conduct studies on measures of Members and to conduct
          examinations of any other technical matters affecting
          trade in services in the sector concerned;

     (e)  to provide technical assistance to developing country
          Members and developing countries negotiating accession
          to the Agreement Establishing the MTO in respect of the
          application of obligations or other matters affecting
          trade in services in the sector concerned;  and

     (f)  to cooperate with any other subsidiary bodies
          established under this Agreement or any international
          organizations active in any sector concerned.

3.   There is hereby established a Committee on Trade in
Financial Services which will have the responsibilities listed in
paragraph 2 above.