Trade in services

In 2010 the Council for Trade in Services continued its discussions of specific services sectors and modes of supply, on the basis of background notes produced by the WTO Secretariat. Thirteen such notes were discussed in 2010 and a final two will be addressed in 2011. The council also embarked on its third review of most-favoured-nation (MFN) exemptions. These exemptions from the WTO’s fundamental principle of non-discrimination between trading partners are permitted under the GA TS, subject to certain conditions, but are supposed to be phased out over time.