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

Eimskip strengthens its worldwide forwarding services by acquiring the logistics company SHIP-LOG A/S in Denmark

Eimskip has strengthened its position in worldwide logistics services by acquiring 75% of the freight forwarding company SHIP-LOG. 

For Sale Assets from the former BMV LAKSEVÄG YARD in Bergen, Norway!

For Sale Assets from the former BMV LAKSEVÄG YARD in Bergen, Norway! The entire shipbuilding and fabricating facility is closing and more than 500 lots is on sale.

Servogear CPP for Seasight II - Future of the Fjords

We are proud to announce that Servogear has been chosen for the delivery of Servogear...

TechnipFMC Signs Agreement with Pall to Supply Slurry Oil Filtration Systems for Fluid Catalytic Cracking Units

The associated activities will be managed by TechnipFMC Process Technology’s center in Houston,

10 Million kroner for verification funding

The Norwegian Research Council has granted 10 million...

Hilti acquires Oglaend System Group

Oglaend System’s headquarters will remain in Klepp, 

DOF Subsea AS ("DOF Subsea" or the "Company") today announces its intention to launch an initial public offering (the "IPO") of its ordinary shares and to apply for a listing on Oslo Børs

NOT FOR DISTRIBUTION OR RELEASE,

DOF Subsea North America extends charter for Jones Act Compliant vessel Harvey Deep Sea

The Harvey Deep Sea Vessel is a Multi-Purpose DPII Construction,

Untrue rumours about an on-going incident at the Halden Research Reactor in Norway

The Norwegian Radiation Protection Authority has become aware that stories about an ongoing incident involving a “meltdown” at the Norwegian Institute for Energy Technology (IFE) reactor situated in Halden are currently ci...