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Further Opportunities
Investment
Trade in Services - Commercial Presence
The General Agreement on Trade in Services (GATS) covers internationally-traded
services. This includes all the different ways of providing an international
service — GATS defines four, including circumstances where
a foreign company setting up subsidiaries or branches to provide
services in another country (e.g. foreign banks setting up operations
in a country), officially "commercial presence". A new
round of WTO negotiations on trade in services began January 1,
2000.
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