https://www.taxtmi.com/news?id=27334 India objected to certification of updated GATS schedules on the ground that development of domestic regulation disciplines is vested in the Working Party on Domestic Regulations under GATS Article VI:4. India required confirmations that certification would not create precedent for incorporating Joint Statement Initiative outcomes, that additional commitments remain subject to multilateral disciplines, and that such commitments would be MFNised without affecting rights or obligations of other Members. The WPDR reviewed and concurred with the procedural path and understandings, after which India withdrew its objections. en-us Wed, 28 Feb 2024 09:39:56 +0530 Wed, 28 Feb 2024 09:39:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=27334 India objected to certification of updated GATS schedules on the ground that development of domestic regulation disciplines is vested in the Working Party on Domestic Regulations under GATS Article VI:4. India required confirmations that certification would not create precedent for incorporating Joint Statement Initiative outcomes, that additional commitments remain subject to multilateral disciplines, and that such commitments would be MFNised without affecting rights or obligations of other Members. The WPDR reviewed and concurred with the procedural path and understandings, after which India withdrew its objections. News - Wed, 28 Feb 2024 09:39:56 +0530 https://www.taxtmi.com/news?id=27334