8
their wish to be as ambitious as possible, while respecting the integrity of their respective
markets and legal orders.
III.
S
ERVICES AND INVESTMENT
A. Objectives and principles
27.
The Parties should conclude ambitious, comprehensive and balanced arrangements on trade
in services and investment in services and non-services sectors, respecting each Party's right
to regulate. The Parties should aim to deliver a level of liberalisation in trade in services well
beyond the Parties' World Trade Organization (WTO) commitments and building on recent
Union Free Trade Agreements (FTAs).
28.
In line with Article V of the General Agreement
on Trade in Services, the Parties should aim
at substantial sectoral coverage, covering all modes of supply and providing for the absence
of substantially all discrimination in the covered sectors, with exceptions and limitations as
appropriate. The arrangements should therefore cover sectors
including professional and
business services,
telecommunications services, courier and postal services,
distribution
services, environmental services, financial services, transport services and other services of
mutual interest.
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