CEFTA

What are services?

Services are not defined in the WTO’s General Agreement on Trade in Services, nor by the CEFTA 2006. Article 56 of the Treaty on the Functioning of the EU (TFEU) defines “services” as activities provided in exchange for payment. Unlike goods, services are intangible and can be delivered physically or electronically. 

The CEFTA 2006 defines the notion of trade in services in accordance with Article I and, if appropriate, Article XXVIII of the General Agreement on Trade in Services”, which describes the notion of trade in services as:

the supply of a service:

(a) from the territory of one Member into the territory of any other Member;

(b) in the territory of one Member to the service consumer of any other Member;

(c) by a service supplier of one Member, through commercial presence in the territory of any other Member;

(d) by a service supplier of one Member, through presence of natural persons of a Member in the territory of any other Member”.