Under the framework of the Mainland and Hong Kong Closer Economic Partnership Arrangement (“CEPA”), several developments have been made in the area of trade in services.
WikiLeaks releases new secret documents from the controversial Trade in Services Agreement (TiSA) currently being negotiated by the US, EU and 22 other countries that account for over 2/3rds of global GDP.
Vital public services like firefighting and ambulances are being handed over to a small number of transnational companies worldwide, a trend that will be hugely boosted by TPP, TTIP, CETA and TiSA.
Requests to Thailand, Indonesia, Philippines and Viet Nam, dated October 2015
The leaked RCEP services chapter from August 2015 shows the non-ASEAN countries, especially Australia, New Zealand, South Korea and Japan, have been very aggressive in their demands and insisted on new ways to bind the hands of governments in the future.
On August 2, the Chinese ministry of commerce expressed willingness to jointly conduct a feasibility study for a UK-China FTA
Parties are still considering a number of new proposals and avoiding discussions on some important subjects.
1 page proposal by Australia, Korea & New Zealand as of 4 August 2015.
This 1 page submission dated 31 July 2015.
This 1 page submission dated 5 August 2015.
Minutes of services chapter negotiations at the 9th RCEP negotiating round (August 2015)
ASEAN versus other RCEP country positions on value-add elements in RCEP services chapter
RCEP services chapter consolidated negotiating text as of 5 August 2015.
A massive trade in services deal is running into roadblocks from the European Union.