Abstract
The Pacific Alliance was established to deepen the integration process among its members by speeding up measures for enabling the free circulation of goods and financial flows, the delivery of services and the movement of people across borders. Services have become one of the main work packages of the Alliance, as they are seen as an alternative means for member countries to achieve higher economic growth and development. High expectations characterize the level of ambition and commitments in trade in services. Therefore, this chapter will analyze the services dimension of the Pacific Alliance. A review of the commitments made by PA members in their services negotiations is made, noticing that the Alliance does not seems to represent a big step towards services openness.
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Notes
- 1.
Horizontal commitments stipulate limitations that apply to all the sectors included in the schedule.
- 2.
Often, in order to open up a sector, and therefore, take out a reservations, domestic regulation has to be amended, a process that is normally done on an MFN basis, so, once a country opens a sector to one trading partner, this sector is open for other partners too.
- 3.
Some reservations included in the earlier agreements are divided into two reservations in later ones. Therefore, the number of reservations does not reflect necessarily the amount of restrictions included in the agreements.
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Acknowledgement
Research for this paper was funded by the Swiss State Secretariat for Economic Affairs under the SECO/WTI Academic Cooperation Project, based at the World Trade Institute, University of Bern, Switzerland; and the WTO Chairs Programme.
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López, D., Muñoz, F., Corvalán, A. (2019). Services Commitments in the Pacific Alliance. In: Sauvé, P., Polanco Lazo, R., Álvarez Zárate, J. (eds) The Pacific Alliance in a World of Preferential Trade Agreements. United Nations University Series on Regionalism, vol 16. Springer, Cham. https://doi.org/10.1007/978-3-319-78464-9_7
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