1. The New Economic and Free Trade Agreement between the EU and Canada “The Opportunities from a EU-Canada FTA for the EU Services Sectors” Pascal Kerneis Managing Director ESF (European Services Forum) « The voice of the European Service Industries for International Trade Negotiations in Services »

2. 1.The European Services Forum 2.International trade in services 3.EU- Canada and Services 4.The significance of services to the world economy and world trade 5.Where does the majority of FDI go?

3. « The voice of the European Service Industries for International Trade Negotiations in Services» ESF covers the majority of European services sectors: Insurance Banking Business services: IT & Computer; consulting, advertising, after-sales services Professional services: legal services, accountants, architects, engineers Construction services Distribution services Publishing services (incl. Music) Postal & Express Delivery services Audio-visual services Energy related services Environmental services Telecommunication services Tourism Air Transport Maritime Transport But no members in Education or Health services For more information, see www.esf.be

4. « The voice of the European Service Industries for International Trade Negotiations in Services» ESF Members include:

5. « The voice of the European Service Industries for International Trade Negotiations in Services» The Services sector generates 90% of new jobs in the EU15 Services Agriculture Industry

6. World Economy: Percentage of GDP by Sector, 2006

7. Trends in World Trade in Services

8. International Trade in Services 28.9% 42.2%

9. RankCountryTrade Volume ExportsImportsBalance 1USA266 852 139 135127 71711 417 2Switzerland105 490 61 50343 98717 516 3Japan33 183 19 37813 8055 573 6China31 535 17 76613 7693 996 4Russia31 268 19 23812 0307 208 5Norway30 920 19 00811 9127 096 7Canada21 343 11 6959 6482 047 8Singapore18 530 11 3977 1334 264 9Turkey18 517 6 61711 900-5 282 10Australia17 031 10 7476 2844 463 EU-27 International Trade in Services with non-EU Countries 2007, EUR bn « The voice of the European Service industries for the International trade in services negotiations »

10. « The voice of the European Service Industries for the GATS negotiations » Trade between Member States exceeds Extra-EU trade Source: Eurostat TOTAL EXPORT (intra + extra: 1178.1 Bio €) € 679.6bn € 498.5bn

11. What does FDI include? FDI Capital Flows FDI income FDI stocks in a country at the end of the year

12. Services contribute to the largest share of FDI (1) 444,1 Bn € were invested in Services sectors by the EU in 4 years (63,6 % of total 697,5 Bn €) (extra EU)

13. Services contribute to the largest share of FDI (2)

14. 86% of the investment coming to the EU are done in the Services sectors; « The voice of the European Service Industries for the GATS negotiations »

15. Canada-EU: Trade in services

16. Thank you for your attention! Pascal KERNEIS Managing Director European Services Forum – ESF 168, Avenue de Cortenbergh B – 1000 – BRUSSELS Tel: + 32 2 230 75 14 Fax: + 32 2 320 61 68 Email: esf@esf.be www.esf.be « The voice of the European Service Industries for the GATS negotiations »