Commentaries on World Trade Law Online

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General Editors: Peter-Tobias Stoll and Holger P. Hestermeyer

Commentaries on World Trade Law Online is a comprehensive, standard reference work on WTO Law. The Commentaries explain the provisions of the WTO Agreements article by article, setting out the interpretation of each article in the case law, in practice and in scholarly writing.

Building on the leading reference, Max Planck Commentaries on World Trade Law, this fully revised and updated second edition brings together the writings of  a team of more than 100 of the world’s leading scholars, practitioners and former members of the Appellate Body. The contents are extensively hyperlinked to source documents, cross-referenced and indexed.

More information: Brill.com

Second Annex on Financial Services

(367 words)

Author(s): Lang, Andrew
ANDREW LANG   Second Annex on Financial Services 1.      Notwithstanding Article II of the Agreement and paragraphs 1 and 2 of the Annex on Article II Exemptions, a Member may, during a period of 60 days beginning four months after the date of entry into force of the WTO Agreement, list in that Annex measures relating to financial services which are inconsistent with paragraph 1 of Article II of the Agreement. 2.      Notwithstanding Article XXI of the Agreement, a Member may, during a period of 60 days beginning four months after the date of entry into force of the…

Second Protocol to the GATS

(759 words)

Author(s): Lang, Andrew
ANDREW LANG   Second Protocol to the General Agreement on Trade in Services (Interim Agreement on Financial Services) Members of the World Trade Organization (hereinafter referred to as the “WTO”) whose Schedules of Specific Commitments and Lists of Exemptions from Article II of the General Agreement on Trade in Services concerning financial services are annexed to this Protocol (hereinafter referred to as “Members concerned”), Having carried out negotiations under the terms of the Ministerial Decision on Financial Services adopted at Marrakesh on 15 April 1994, Having regard to…