
Trade in Services Agreement
The Trade in Services Agreement (TiSA) is an international treaty that aims to promote the global exchange of services—such as banking, telecommunications, and transportation—by reducing barriers and creating consistent rules across countries. Its goal is to make it easier for businesses to operate across borders, fostering economic growth and increasing options for consumers. The agreement seeks to ensure fair competition, transparency, and nondiscriminatory practices in service sectors, benefiting both consumers and service providers worldwide, while balancing national interests and regulations.