WTO urged to free up advertising servicesWTO urged to free up advertising services

 
 
About ICC News Archives Bookstore CCS Search Home site
Bookmark and Share
Loading...
WTO urged to free up advertising services

She is responding to the power of advertising
Paris, 18 December 2002 - Business has called for the removal of a range of obstacles to trade in advertising and related services as the Doha round of trade negotiations enters a critical year.

With offers to free up trade in all services due to reach the World Trade Organization by the end of March 2003, the International Chamber of Commerce reminded WTO governments of the vital part advertising plays in stimulating demand and creating jobs.

The services negotiations in the WTO cover a vast array of sectors besides advertising, such as tourism, transport, telecoms, finance, computer and environmental services.

Estimating total world advertising expenditure in 2001 at over $480 billion, the ICC Commission on Marketing and Advertising said in a statement: "Newspapers, magazines, cable satellite, broadcast services and Internet could not exist freely without the support of advertising."

Urging governments to accept more commitments under the General Agreement on Trade in Services (GATS) to increase market access for advertising services, ICC's marketing experts listed these impediments which it said advertisers encounter worldwide:

· Restrictions on the importation and broadcast of foreign-produced television commercials;
· Residency requirements for advertising production professionals, or employees of the advertising firm, when filming in some countries;
· Requirements for local participation in the production of advertising transmitted through an electric medium;
· Requirements for local post-production work whenever foreign actors are used in TV commercials.
· Equity limitations on foreign ownership of advertising firms;
· Requirements that host country nationals hold managerial positions in foreign-owned advertising firms;
· Requirements that programme services carried by cable or satellite be "local" in order to carry certain advertising;
· Requirements for foreign advertisers to broadcast their advertisements in the local language.


ICC statement: The liberalization of advertising services

Commission on Marketing and Advertising

 

Istanbul news archives ICC Archives
 
ICC WCF ATA Policy Events Bookstore Court of Arbitration
 
  Copyright 2010 International Chamber of Commerce
Copyright, trademark and privacy notice



RSS