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The chapter provides an introduction to the entire book. It starts by explaining the basic purpose and motivation behind the book and then provides a short summary of the contents of the book.
The chapter analyzes the services commitments of three federal entities - the EU, United States and Canada through their trade agreements with Korea. Also NAFTA and CETA agreements are analyzed.
The chapter starts the last Part IV of the book. It explains the results of the empirical analysis that was carried out on four EIAs (economic integration agreements) of the EU. A summary of key results is provided for each agreement.
The chapter concludes by summarizing the key findings of the book and reminds of the relevance of the topic and the conclusions in the international trading environment of today.
The chapter opens Part II of the book, which focuses on services trade liberalization in federal states. It explains some of the central issues and problems that relate to services liberalization by federal states. Special attention is paid to the EU, Canada and the United States.
The chapter puts forward a new methodology to study services commitments of preferential trade agreements. The method is suitable for all services agreements but is particularly applicable for the analysis and coding of services commitments by federal states and entities. The method is based on the legal criteria of Art. V GATS, as explained in previous Chapter 2 of Part I of the book.
The chapter gives a detailed account of the GATS rules on economic integration agreements, which refers to preferential trade agreements in the area of services. It goes through all the criteria of Art. V GATS but focuses on the first criterion, which is the elimination of discrimination.
The last chapter applies Art. V GATS to the four EU's services agreements that were analyzed in accordance with the methodology proposed in Chapter 2 of Part III. It puts forward some suggestions on the agreements' compatibility with Art. V GATS. The suggestions are extended outside the specific context of the EU to all federal entities. The key conclusion is that the criteria of Art. V GATS should be attained by all constituent parts of a federal entity.
The chapter gives a legal analysis of the results of the empirical analysis on four EU's services agreements (EIAs). It focuses on the criteria of Art. V GATS, especially on the conditions of substantial sectoral coverage and elimination of discrimination.