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DECISION ONINSTITUTIONAL ARRANGEMENTS
FOR THE GENERAL AGREEMENT ONTRADE INSERVICES
Ministers decide torecommend thattheCouncil forTrade inServices atitsfirstmeeting adopt
thedecision onsubsidiary bodies setoutbelow.
TheCouncil forTrade inServices ,
Acting pursuant toArticle XXIV withaviewtofacilitating theoperation andfurthering the
objectives oftheGeneral Agreement onTrade inServices,
Decides asfollows:
1. Anysubsidiary bodies thattheCouncil mayestablish shallreport totheCouncil annually or
more often asnecessary. Each suchbody shallestablish itsownrules ofprocedure, andmaysetup
itsownsubsidiary bodies asappropriate.
2. Anysectoral committee shallcarry outresponsibilities asassigned toitbytheCouncil, and
shallafford Members theopportunity toconsult onanymatters relating totradeinservices inthesector
concerned andtheoperation ofthesectoral annex towhich itmaypertain. Suchresponsibilities shall
include:
(a) tokeepunder continuous review andsurveillance theapplication oftheAgreement
withrespect tothesector concerned;
(b) toformulate proposals orrecommendations forconsideration bytheCouncil in
connection withanymatter relating totrade inthesector concerned;
(c) ifthere isanannex pertaining tothesector, toconsider proposals foramendment of
thatsectoral annex, andtomake appropriate recommendations totheCouncil;
(d) toprovideaforumfortechnicaldiscussions,toconductstudiesonmeasuresofMembers
andtoconduct examinations ofanyother technical matters affecting trade inservices
inthesector concerned;
(e) toprovidetechnicalassistancetodevelopingcountryMembersanddevelopingcountries
negotiating accession totheAgreement Establishing theWorld Trade Organization
inrespect oftheapplication ofobligations orother matters affecting trade inservices
inthesector concerned; and
(f) tocooperate withanyothersubsidiary bodies established under theGeneral Agreement
onTrade inServices oranyinternational organizations active inanysector concerned.
3. There ishereby established aCommittee onTrade inFinancial Services which willhavethe
responsibilities listed inparagraph 2.