International trade law Essay Example | Topics and Well Written Essays - 750 words

International trade law - Essay Example The rules regulating this kind of free enterprise while it purports to be equitable is fraught by many democratic obstacles posing a viable threat to its host governments’ sovereignty.2 This section of the dissertation will offer a background review of the key provisions of the GATS. The Agreement makes provision for four modes of supply with respect to delivery of services across international borders. The four modes are: 1) Cross-border supplies as in from one member state to another; 2) Consumption abroad which encapsulates the delivery of services into the territory of one member state from another member state’s territory. The delivery’s final destination is to a consumer the territory receiving the delivery; 3) This mode of supply is accomplished through the establishing and maintaining of a commercial presence within the territory of the member state; and 4) The fourth mode of supply is maintained through the presence of a natural person.3 In this part of the dissertation will offer a detailed discussion of the aim and design of GATS. It will examine the underlying policies with particular emphasis on the three modes of supply and delivery of services. It will detail the general obligations of the member states as well as specific commitments. Each of these aspects will be examined by reference to the provisions contained in the GATS. 4 Particular emphasis will be placed on the goals and definitions expressed in the GATS document. Articles I-X will be the primary focus in this section but with particular emphasis on Article V which provides as follows: ‘1.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   This Agreement shall not prevent any of its Members from being a party to or entering into an agreement liberalizing trade in services between or among the parties to such an agreement, provided that such an agreement: (b)  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   provides for the absence or