Four Modes of Supply
The GATS agreement covers four modes of supply for the delivery of services in cross-border trade:
Criteria | Supplier Presence | |
Mode 1: Cross-border supply | Service delivered within the territory of the Member, from the territory of another Member | Service supplier not present within the territory of the member |
Mode 2: Consumption abroad | Service delivered outside the territory of the Member, in the territory of another Member, to a service consumer of the Member | |
Mode 3: Commercial presence | Service delivered within the territory of the Member, through the commercial presence of the supplier | Service supplier present within the territory of the Member |
Mode 4: Presence of a natural person | Service delivered within the territory of the Member, with supplier present as a natural person | |
Read more about this topic: General Agreement On Trade In Services
Famous quotes containing the words modes and/or supply:
“Men and women are brothers and sisters; they are not of different species; and what need be obtained to know both, but to allow for different modes of education, for situation and constitution, or perhaps I should rather say, for habits, whether good or bad.”
—Samuel Richardson (16891761)
“Dear to us are those who love us ... but dearer are those who reject us as unworthy, for they add another life; they build a heaven before us whereof we had not dreamed, and thereby supply to us new powers out of the recesses of the spirit, and urge us to new and unattempted performances.”
—Ralph Waldo Emerson (18031882)