                 DECISION ON INSTITUTIONAL ARRANGEMENTS
             FOR THE GENERAL AGREEMENT ON TRADE IN SERVICES


      Ministers recommend that the Council for Trade in Services at its 
first meeting shall adopt the decision on subsidiary bodies set out below.


                     INSTITUTIONAL ARRANGEMENTS FOR
               THE GENERAL AGREEMENT ON TRADE IN SERVICES

      The Council for Trade in Services, acting pursuant to Article XXIV 
with a view to facilitating the operation and furthering the objectives of 
the General Agreement on Trade in Services,

      Decides as follows:

1.    Any subsidiary bodies, that the Council may establish shall report to 
the Council annually or more often as necessary.  Each such body shall 
establish its own rules of procedure, and may set up its own subsidiary 
bodies as appropriate.

2.    Any sectoral committee shall carry out responsibilities as assigned to 
it by the Council, and shall afford Members the opportunity to consult on 
any matters relating to trade in services in the sector concerned and the 
operation of the sectoral annex to which it may pertain.  Such 
responsibilities shall include:

      (a)  to keep under continuous review and surveillance the application 
           of the Agreement with respect to the sector concerned;

      (b)  to formulate proposals or recommendations for consideration by 
           the Council in connection with any matter relating to trade in 
           the sector concerned;

      (c)  if there is an annex pertaining to the sector, to consider 
           proposals for amendment of that sectoral annex, and to make 
           appropriate recommendations to the Council;

      (d)  to provide a forum for technical discussions, to conduct studies 
           on measures of Members and to conduct examinations of any other 
           technical matters affecting trade in services in the sector 
           concerned;

      (e)  to provide technical assistance to developing country Members and 
           developing countries negotiating accession to the Agreement 
           Establishing the MTO in respect of the application of obligations 
           or other matters affecting trade in services in the sector 
           concerned;  and

      (f)  to cooperate with any other subsidiary bodies established under 
           this Agreement or any international organizations active in any 
           sector concerned.

3.    There is hereby established a Committee on Trade in Financial Services 
which will have the responsibilities listed in paragraph 2 above.  