Book contents
- The Comprehensive and Progressive Trans-Pacific Partnership
- The Comprehensive and Progressive Trans-Pacific Partnership
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- 1 Introduction: The Trans-Pacific Partnership Becomes the Comprehensive and Progressive Agreement for TPP
- 2 Trade Agreements and the U.S. Congress – the Case of the TPP
- 3 The TPP, a Horizontal Overview
- 4 Market Access for Trade in Goods Negotiations in the TPP
- 5 Trade Provisions as Legos? How Chapter 2 of the TPP Was Influenced by WTO Negotiations and Prior US Trade Deals
- 6 The TPP, Agricultural Trade and Food Security
- 7 Rules of Origin and Origin Procedures
- 8 Trade in Textiles and Apparel Goods
- 9 How Far Beyond the TFA? Trade Facilitation in the WTO and the TPP
- 10 Treatment of Trade Remedies under the Trans-Pacific Partnership, Chapter 6
- 11 The SPS Chapter under the TPP Agreement and its Implications
- 12 Technical Barriers to Trade: Improving the Day-To-Day Functioning
- 13 Addressing the Right to Regulate in the CPTPP Investment Chapter: Identifying New Treaty Practice
- 14 Protecting Investment under NAFTA, the Trans-Pacific Partnership and the Comprehensive and Progressive TPP
- 15 The Trans-Pacific Partnership as a Development of the Australia–United States Free Trade Agreement: Services Liberalisation and Investment Protection
- 16 The TPP Agreement’s Substance and Impact on International Trade, NAFTA/USMCA, and Other FTAs: Services Overview: Background, Strategy and Solutions
- 17 Cross-Border Trade in Services (Chapter 10) and Temporary Entry for Business Persons (Chapter 12)
- 18 Financial Services in the TPP
- 19 Telecommunications Chapter in the TPP
- 20 Understanding the TPP Agreement E-Commerce Chapter
- 21 Government Procurement in the Comprehensive and Progressive Trans-Pacific Partnership Agreement: A Global Beachhead for Market Access and Good Governance
- 22 The TPP’s Competition Policy Chapter: Towards Convergence
- 23 Rules for State-Owned Enterprises in Chapter 17 of the Trans-Pacific Partnership Agreement: Balancing Market-Oriented Discipline and Policy Flexibility for States
- 24 Non-Commercial Assistance Rules in the TPP: A Comparative Analysis with the SCM Agreement
- 25 IP in the TPP: How Far Beyond the Existing FTAs Does It Go?
- 26 Strengthening Labor Rights in the Trans-Pacific Partnership Agreement: A Lost Opportunity?
- 27 TPP Trade and Environment Chapter
- 28 Horizontal Regulatory Coherence Aspects of the TPP
- 29 Transparency and Anticorruption
- 30 State-to-State Dispute Settlement under TPP Chapter 28 and NAFTA Chapter 20
- 31 Initial Provisions, Administrative Provisions, Exceptions and Final Provisions (TPP Chapters 1, 27, 29 and 30)
- Index
- References
18 - Financial Services in the TPP
Published online by Cambridge University Press: 11 November 2021
Book contents
- The Comprehensive and Progressive Trans-Pacific Partnership
- The Comprehensive and Progressive Trans-Pacific Partnership
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- 1 Introduction: The Trans-Pacific Partnership Becomes the Comprehensive and Progressive Agreement for TPP
- 2 Trade Agreements and the U.S. Congress – the Case of the TPP
- 3 The TPP, a Horizontal Overview
- 4 Market Access for Trade in Goods Negotiations in the TPP
- 5 Trade Provisions as Legos? How Chapter 2 of the TPP Was Influenced by WTO Negotiations and Prior US Trade Deals
- 6 The TPP, Agricultural Trade and Food Security
- 7 Rules of Origin and Origin Procedures
- 8 Trade in Textiles and Apparel Goods
- 9 How Far Beyond the TFA? Trade Facilitation in the WTO and the TPP
- 10 Treatment of Trade Remedies under the Trans-Pacific Partnership, Chapter 6
- 11 The SPS Chapter under the TPP Agreement and its Implications
- 12 Technical Barriers to Trade: Improving the Day-To-Day Functioning
- 13 Addressing the Right to Regulate in the CPTPP Investment Chapter: Identifying New Treaty Practice
- 14 Protecting Investment under NAFTA, the Trans-Pacific Partnership and the Comprehensive and Progressive TPP
- 15 The Trans-Pacific Partnership as a Development of the Australia–United States Free Trade Agreement: Services Liberalisation and Investment Protection
- 16 The TPP Agreement’s Substance and Impact on International Trade, NAFTA/USMCA, and Other FTAs: Services Overview: Background, Strategy and Solutions
- 17 Cross-Border Trade in Services (Chapter 10) and Temporary Entry for Business Persons (Chapter 12)
- 18 Financial Services in the TPP
- 19 Telecommunications Chapter in the TPP
- 20 Understanding the TPP Agreement E-Commerce Chapter
- 21 Government Procurement in the Comprehensive and Progressive Trans-Pacific Partnership Agreement: A Global Beachhead for Market Access and Good Governance
- 22 The TPP’s Competition Policy Chapter: Towards Convergence
- 23 Rules for State-Owned Enterprises in Chapter 17 of the Trans-Pacific Partnership Agreement: Balancing Market-Oriented Discipline and Policy Flexibility for States
- 24 Non-Commercial Assistance Rules in the TPP: A Comparative Analysis with the SCM Agreement
- 25 IP in the TPP: How Far Beyond the Existing FTAs Does It Go?
- 26 Strengthening Labor Rights in the Trans-Pacific Partnership Agreement: A Lost Opportunity?
- 27 TPP Trade and Environment Chapter
- 28 Horizontal Regulatory Coherence Aspects of the TPP
- 29 Transparency and Anticorruption
- 30 State-to-State Dispute Settlement under TPP Chapter 28 and NAFTA Chapter 20
- 31 Initial Provisions, Administrative Provisions, Exceptions and Final Provisions (TPP Chapters 1, 27, 29 and 30)
- Index
- References
Summary
Financial services have always been an important component of trade negotiations, both at the multilateral and preferential levels. Most FTAs negotiated since 1994 contain either special provisions on financial services, à la the General Agreement on Trade in Services (GATS), or comprehensive chapters covering all aspects of trade and investment in financial services. The TPP adopts the latter approach.
- Type
- Chapter
- Information
- The Comprehensive and Progressive Trans-Pacific PartnershipAnalysis and Commentary, pp. 396 - 418Publisher: Cambridge University PressPrint publication year: 2021
References
Echandi, Roberto (2006). The DR–CAFTA-US FTA Negotiations in Financial Services: The Experience of Costa Rica, Background Paper to an LCR Study on Free Trade Agreements and Financial Services in Latin America and the Caribbean; Finance, Private Sector and Infrastructure Department, Latin America and the Caribbean (LCR) Region, The World Bank, September 2006.Google Scholar
Gelpern, Anna (2016). Financial Services. In Assessing the Trans-Pacific Partnership (Volume 1: market access and sectoral issues), PIIE Briefing 16–01, Peterson Institution for International Economics, February 2016.Google Scholar
Marchetti, Juan (2009). Services liberalization in the WTO and PTAs In Marchetti, Juan and Roy, Martin (eds.) Opening Markets for Trade in Services: Countries and Sectors in Bilateral and WTO Negotiations, pp. 61–112. Cambridge: Cambridge University Press.Google Scholar
Ortino, Federico (2016). Regional trade agreements and trade in services. In Lester, S., Mercurio, B., and Bartels, L. (eds.), Bilateral and Regional Trade Agreements: Commentary and Analysis (Bilateral and Regional Trade Agreements, pp. 213–44. Cambridge: Cambridge University Press.Google Scholar
Pereira Goncalves, Marilyne and Stephanou, Constantinos (2006). Financial Services and Trade Agreements in Latin America and the Caribbean: An Overview, Background Paper to an LCR Study on Free Trade Agreements and Financial Services in Latin America and the Caribbean; Finance, Private Sector and Infrastructure Department, Latin America and the Caribbean (LCR) Region, The World Bank, December 2006.Google Scholar
United States International Trade Commission (2016). Trans-Pacific Partnership Agreement: Likely Impact on the U.S. Economy and on Specific Industry Sectors, investigation TPA–105–001, USITC Publication 4607, May 2016.Google Scholar
World Economic Forum (2018). Addressing E-Payment Challenges in Global E-Commerce, White Paper authored by Juan A. Marchetti (WTO), with contributions by Kimberley Botwright (World Economic Forum), and Mark Wu, Assistant Professor of Law, Harvard Law School, USA (May 2018).Google Scholar