Annex on Financial Services

The Annex on Financial Services is a part of international agreements that sets rules for trade in financial products and services, like banking, insurance, and investment activities. It aims to ensure transparency, fair competition, and mutually beneficial access across countries. By establishing standards and commitments, it helps prevent unfair practices and promotes stability and confidence in the global financial system. Essentially, it provides a framework for countries to cooperate, reduce barriers, and ensure that financial services can be provided efficiently and reliably across borders.