Looking for a specific product?

Make a search for products & suppliers, articles & news.

Norway supports China’s participation in Trade in Services Agreement talks

“I am pleased that China has today confirmed that it would like to participate in the negotiations on an international Trade in Services Agreement,” said Minister of Foreign Affairs Børge Brende.

Norway, along with 49 other members of the World Trade Organization (WTO), is taking part in negotiations on the Trade in Services Agreement (TISA), which is intended to improve and expand international trade in services. 

“China is a key actor and a major market for trade in services. Norway supports China’s participation in the talks. This is important if we are to achieve the aim of including as many WTO members as possible in the agreement,” said Mr Brende.

Together, the 50 countries currently participating in the TISA talks account for 70 % of global trade in services. If all the countries approve China’s participation in the negotiations, the group of 51 countries will account for around 77 % of global trade in services. If China joins the group, it is also likely that other countries will seek to join.

“China shares our high ambitions for the TISA. The agreement will build on the best aspects of TISA participants’ existing agreements. If China is part of the process, this will increase the chances of achieving a good result,” said Mr Brende.

 

Related news

Latest news

Hatteland Display Releases New Large Format 4K Screen

Hatteland Display Releases New Large Format 4K Screen for ECDIS and Bridge System Applications. The new 32” Ultra High Definition model enables multi-application data to be viewed clearly from a single operator station.

Deck Equipment Contract for Palfinger Marine

PALFINGER MARINE has signed a contract with Simek in Norway to deliver the complete winch package onboard their newbuilding 134, a longliner vessel.

New contract: Windcat 41 - no 17 in the Servogear series

Servogear announces the signing of a new contract with Windcat Workboats BV for the delivery of Servogear Controllable Pitch Propellers (CPP)  for their new vessel Windcat 41. 

Seacat Enterprise to be launched January 12th

Seacat Services, is preparing to launch its first High Speed Utility Vessel (HSUV), Seacat Enterprise at January 12th.

57 million NOK for innovation to combat poverty

Brunvoll acquires Scana Propulsion

Brunvoll AS has signed an agreement with Incus Investor ASA to acquire all the shares in Scana Propulsion AS, including subsidiaries Scana Volda AS and Scana Mar-El AS in Norway and three sales companies located in the Uni...

Norsafe Signs Contract with the Swedish Coast Guard (KBV)

On Wednesday 21st December, Norsafe signed yet another new contract with the Swedish Coast Guard (KBV) to deliver nine new Magnum 750 MKII boats.

A Unique Second-generation Tomograph is Developed

A new gamma-ray tomograph designed to image up to 4” diameter pipes, is developed by CMR Prototech for the Saskatchewan Research Council (SRC) in Canada.

Sohome launches a new website

Sohome has launched a new website that makes it easier to find key information.