The European Union representing its 28 Member States and China are both members of the World Trade Organisation (WTO) and participate in the ongoing discussions about the Trade in Services Agreement (TiSA). The volume of trade in services of all participating countries corresponds to 70% of the world's total volume. TiSA is an important tool to increase the share of services trade by tackling the existing barriers. With TiSA new opportunities for service providers will be offered while fostering growth, jobs and prosperity at all participating Members.