Yes. The GATS makes a distinction between four ways to provide services: cross-border trade, consumption abroad, commercial presence, and presence of natural persons.
Cross-border supply is defined as the flow of services from one member’s territory into the territory of another member (for example, banking or architectural services sent by phone or mail);
Consumption abroad is when a service consumer (like a tourist or patient) goes to the territory of another member to get a service.
Commercial presence means that a service provider from one member sets up shop in the territory of another member to offer a service, such as when a foreign insurance presence or hotel chain sets up a domestic branch or when a foreign hotel chain opens a domestic branch.
Presence of natural persons is made up of persons from one member entering the territory of another member to supply a service (e.g. accountants, doctors or teachers). The Annex on Movement of Natural Persons, on the other hand, says that members can continue to make permanent rules about citizenship, residence, and access to the job market.
The finance and telecommunications sectors have the most trade in services. It’s important to remember that GATS is the only set of rules that cover international trade in services that are made up of rules from different countries. During the Uruguay Round of the GATT, the General Agreement on Trade in Services was made. It was one of the main ideas behind the World Trade Organization Agreement, an international treaty signed in 1995. GATS is signed by all WTO members.
GATS says that there are four ways that all services can be traded, based on how they are provided:
1. Consumers who go to the supplier country and buy services there
2. Cross-border supply of a service to a consumer country without the supplier
3. A supplier’s business presence in the country of the consumer and
4. Presence of People from the supplying country in the receiving country