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The voice of the European Service Industries for International Trade Negotiations in Services The voice of the European Service Industries for International Trade Negotiations in Services EU-US = BIGGEST EXPORTERS IN GLOBAL


  1. « The voice of the European Service Industries for International Trade Negotiations in Services »

  2. « The voice of the European Service Industries for International Trade Negotiations in Services » EU-US = BIGGEST EXPORTERS IN GLOBAL SERVICES TRADE Services Exports in Millions $US 2000 Intra and Extra EU = 1820 42% of global export 1800 of services 1600 EU (Extra) 1400 .EU & US = 42% = 24% .EU(in + extra) + 1200 US = 60% of world trade in services 1000 831 800 Source: Eurostat 621 US = 18% 600 400 190 141 200 0 EU 27 Extra US China India EU27 2002 2004 2006 2008 2010 2011 2012 Source: World Bank & WTO

  3. « The voice of the European Service Industries for International Trade Negotiations in Services » EU & US = Biggest investors in the world 4,983 Trio € 3,806 Trio 5000 59% 57% 4000 2,043 Others 1,636 3000 (Manufacturing 2000 , Mining, Agri) 2,940 2,170 1000 Services 0 EU EU Inward Outward Stocks Source: Eurostat Stocks 2011 – EU27 • 28% of EU FDI stocks are invested in USA (1,4 Trio €), 59% of which are in services companies (823 Trio €), or 1,1 Trio US$ • 55% of US FDI stocks are invested in the EU (1,7 Trio €), 57% of which are in services companies (970 Trio €), or 1,4 Trio US $

  4. « The voice of the European Service Industries for International Trade Negotiations in Services » ESF Priorities in TTIP  Market Access  Negative list approach with full transparency on the current restrictions  Professional services (Accountants & Auditors, Architects, Engineers, Lawyers, etc.) in all US States  Maritime Transport, Aviation Transport (Cargo and Express courier)  Mobility of services suppliers (Mode 4): Transatlantic Business Visitors Card, Quota for EU business suppliers, Expedite procedure for business visas & work permits  Public procurement in services: better access to the US markets at all level for all public entities  Regulatory Cooperation  Horizontal chapter: all services regulators, wherever they are, should cooperate towards more efficient and less burdensome regulations.  Financial services must be included (possibly in special annex)  Rules  No local servers requirement for cross border data flows  Disciplines for State Own Enterprises: level playing field with private companies  Investment Protection  1400 BITs with 28 EU Member states, including 9 with the US. All have ISDS  TTIP must have ISDS in its investment chapter. TTIP will be the World benchmark.

  5. « The voice of the European Service Industries for International Trade Negotiations in Services » THANK YOU FOR YOUR ATTENTION ! Pascal KERNEIS Managing Director European Services Forum – ESF 168, Avenue de Cortenbergh B – 1000 – BRUSSELS Tel: + 32 2 230 75 14 Fax: + 32 2 320 61 68 Email: esf@esf.be Website : www.esf.be

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