Corporate Accountability under the Prospective Trade in Services Agreement: The Global Game Changer

Torres, Nicholas

Journal: Emory Corporate Governance and Accountability Review

Volume: 3

First Page: 2074

Year: 2016

Bluebook Citation: 3 EMORY CORP. GOVERNANCE & ACCOUNTABILITY REV. 2074 (2016)

Author: Nicholas Torres: all 4 publications


Abstract

This Perspective analyzes the prospective Trade in Services Agreement ('TiSA'). This agreement seeks to address major barriers to trade in services affecting the United States and its trading partners. Some barriers to trade of services include the need for due process of law and discrimination in obtaining business licenses and permits with foreign governments. However, removing trade barriers equates to deregulation.

The TiSA has yet to be released to the general public, but it is presently a major point of controversy. Its terms are expected to heavily favor multinational corporations operating within the borders of the twenty-three economies presently participating in the TiSA negotiations.

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