Table of Contents
1. Introduction.……………………………………………………………………………….3
2. Development of Negotiation Rounds……………………………………………………….
2.1. Uruguay Round and NGMTS……………………………………………………………4
2.2. Doha Round……………………………………………………………………………...5
3. The three pillars of the Maritime Schedule………………………………………………...6
4. Benefits of Liberalization of Maritime Trade……………………………………………….
4.1. Possible Profits of Liberalization of the three pillars under GATS…………………….....7
4.2. Liberalization of cabotage by means of the US example…………………………………8
5. Conclusion…………………………………………………………………………………..9
6. Bibliography……………………………………………………………………………….10
1. Introduction
Maritime transport is one of the most international transport modes to conduct international trade worldwide.
It has and still is contributing its’ significant portion to the globalization process and has been continuously adapting its transport mode to the change of the consumer demand.
Furthermore as per Stopford Maritime Transport is defined as “one of the world’s most international industries”[1]. Thanks to its unique character nations worldwide are embedded in the shipping branch in various ways.
Also as best described by Zhang in his thesis the unique characteristic of the shipping business is displayed by looking at the features it involves e.g. a certain vessel can be owned by a German company, registered in Panama, chartered out to Greeks, manned by crew consistent of for instance of Polish and Philippines and trade in the Asian Pacific Area. [2]
Even though above illustration shows that shipping is one of the most international segments in the transport industry, most common are so far only bilateral agreements between certain countries to cover the Maritime trade sector.[3]
Despite the various trials and negotiation rounds in the past, starting of with the Uruguay round where negotiations began in year 1986 and