General Agreement On Trade in Services - Four Modes of Supply

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:

    my brain
    Worked with a dim and undetermined sense
    Of unknown modes of being; o’er my thoughts
    There hung a darkness, call it solitude
    Or blank desertion.
    William Wordsworth (1770–1850)

    With girls, everything looks great on the surface. But beware of drawers that won’t open. They contain a three-month supply of dirty underwear, unwashed hose, and rubber bands with blobs of hair in them.
    Erma Bombeck (20th century)