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What are the barriers to trade in services in GATS?
2. Obstacles to capital flow. This mainly involves the commercial problem, that is, whether the host country allows foreign enterprises to set up institutions in their own countries to carry out business.
3. Obstacles to the flow of service products. This involves restrictions on market access, that is, the procedures for host countries to allow foreign service providers to enter their own markets. This restriction often stipulates the maximum supply of services. When the services provided by foreign service providers exceed the limit, foreign service products are completely prevented from entering the domestic market and only domestic services are used. For example, some countries insist that advertisements must be produced and filmed in their territory; Require foreign freight forwarders to insure the goods they transport with the insurance company of the host country.
4. Obstacles to information flow. Because the information transmission mode involves sensitive issues such as national sovereignty, monopoly operation, national public telecommunication network and private secrets, all countries have various restrictions, such as technical standards, network access, price and equipment supply, data processing and copying, storage, use and transmission, subsidies, tax and foreign exchange control, and government industrial control policies. These measures not only hinder the development of information service trade, but also restrict the development of other service trade, because information flow is a prerequisite for service providers such as finance, tourism, transportation, warehousing, construction, accounting, auditing and law.
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