Trade and Investment
There are three main areas of work in the WTO on trade and investment:
- A Working Group established in 1996 conducts analytical work on the relationship between trade and investment.
- The Agreement on Trade-Related Investment Measures (“TRIMs Agreement”), one of the Multilateral Agreements on Trade in Goods, prohibits trade-related investment measures, such as local content requirements, that are inconsistent with basic provisions of GATT 1994.
- The General Agreement on Trade in Services addresses foreign investment in services as one of four modes of supply of services.