Trade in services negotiations: a review of the experience of the United States and the European Union in Latin America

Abstract

Since the entry into force of the results of the Uruguay Round, Latin American Countries have embarked in active trade policy based on negotiations of Free Trade Agreements. These agreements cover a wide range of goods, services and new trade issues. The models followed in negotiations with the United States are based on NAFTA provisions. The European Union has adopted a GATS type approach although some difference exists. This paper analyses the services provisions negotiated by the United States and the European Union with Latin American countries. The paper focuses its analysis on the differences between the different models and the results achieved.