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Joint World Bank-CEPR conference

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The voice of the European Service Industries for International Trade Negotiations in Services JOINT WORLD BANK-CEPR CONFERENCE The Crowne Plaza, Brussels – PowerPoint PPT presentation

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Title: Joint World Bank-CEPR conference


1
  The voice of the European Service Industries
for International Trade Negotiations in Services
 
  • Joint World Bank-CEPR conference
  •  The Crowne Plaza, Brussels
  • 26-27 May 2009
  •   Trade Implications of
  • Policy Responses to the Crisis
  • Mechanisms sectors of state interventionism
    Session 1
  • Point of view of European services companies
  • Pascal Kerneis -Managing Director
  • ESF (European Services Forum) 

2
  The voice of the European Service Industries
for International Trade Negotiations in Services
 
  • Postal Express Delivery services
  • Audio-visual services,
  • Energy related services,
  • Environmental services
  • Telecommunication services
  • Tourism
  • Air Transport
  • Maritime Transport
  • But no members in Education services and in
    Health services
  • ESF 20 services sectors
  • Insurance
  • Banking
  • Business services ( IT Computer consulting,
    advertising, after-sales services, etc.)
  • Professional services (legal services,
    accountants, architects, engineers,etc.)
  • Construction services
  • Distribution services
  • Publishing services (incl. Music)

For more information, see www.esf.be
3
 The voice of the European Service Industries
for International Trade Negotiations in Services
ESF MEMBERS INCLUDE
For more information, see www.esf.be
4
  The voice of the European Service Industries
for International Trade Negotiations in Services
 
  • The Winners and the Losers
  • Few companies are at the receiving end of the
    stimulus packages (banks, Insurances), or are
    the beneficiaries of the preferred national
    tenders (Buy America)
  • Most of the companies are the victims of the
    nationalistic measures aimed at protecting the
    economy from the crisis including those who
    might have benefited at home, but might be in
    turn losing markets due to retaliatory measures
    abroad.

5
 The voice of the European Service Industries
for International Trade Negotiations in Services
  • ESF and its partners of the Global Services
    Coalition has called the G20 Leaders at their
    London Summit to
  • to reinforce the moratorium on new trade
    barriers and to extend its time frame (1/2 way
    in April 2009)
  • to give to the WTO a strengthened mandate to
    monitor adherence to the standstill, and
    necessary resources to carry out that mandate,
    to ensure that the standstill is respected
  • to maintain open markets for trade and to
    provide enhanced opportunities for growth
    through further liberalization by the Doha Round
    .

6
 The voice of the European Service Industries
for International Trade Negotiations in Services
  • We were please with the G20 London Communiqué
  • But we fear that what they said (We will not
    repeat the historic mistakes of protectionism of
    previous eras ) is not completely respected,
    and a spread out of protectionism is still
    possible.
  • WTO says that no country has so far breached
    their commitments, but the water is some
    sectors and in some countries can be quite deep,
    and any come back from current practice to bound
    level is contributing to the deterioration of
    the international trade climate

7
 The voice of the European Service Industries
for International Trade Negotiations in Services
  • The 2 WTO reports on Monitoring Protectionism
    have only tackled trade in goods so far
  • ESF is now cooperating with WTO
    Secretariat/Services Division and the EU
    Commission/DG Trade by encouraging Companies to
    help WTO Commission in identifying new
    regulatory measures that might have a negative
    impact on their operation .
  • WTO is updating Services sector specific Papers
    (17), which would list these measures, notably
    by exploiting compulsory notifications (Article
    III. 3 of GATS on Transparency)
  • EC Commission is monitoring protectionist
    measures with support of MAAC (Member States,
    Delegations and companies.

8
 The voice of the European Service Industries
for International Trade Negotiations in Services
  • The effect of Protectionist measures in
    services is less obvious to observe and more
    difficult to identify than on goods at borders
    (tariffs, etc).
  • Some of them will not be visible and it will not
    be possible to claim that they are protectionist
    measures (ex longer administrative process for
    investment authorisation, attribution of
    licences to national competitors, etc.)
  • One has however registered some measures that
    have a discriminatory effect on foreign
    companies
  • New reform regulation applicable to the whole
    sector (ex China postal law that exclude
    express companies from domestic market
  • Public Procurement measures in the US (Buy
    America)
  • New general Investment Rules in Algeria
  • Investigation on Accounting Firms by regulatory
    authorities in India

9
 The voice of the European Service Industries
for International Trade Negotiations in Services
Thank you for your attention !
Pascal KERNEIS Managing Director European
Services Forum ESF 168, Avenue de Cortenbergh B
1000 BRUSSELS Tel 32 2 230 75 14 Fax 32
2 320 61 68 Email esf_at_esf.be
Website www.esf.be
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