Adlung, Rudolf; Molinuevo, Martín - 2008
Agreement on Trade in Services (GATS). About 60 per cent of world foreign investment stocks are in services and, thus, covered … by mode 3 (commercial presence) of the GATS. A closer look reveals that BITs generally apply across a far wider range of … sectors, in particular in the case of LDCs and developing countries, than those scheduled under the GATS. Furthermore, a …