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International Regulatory Initiatives in Services: Background Note by the Secretariat - WTO Document S/C/W/97

The main goal of the GATS is trading services, roughly 80% of a modern economy and including most jobs. This is an area that most people don't associate with trade nor do they realize that its been put in the hands of the WTO. One important part of the neoliberal project is trade across borders in various kinds of work. Importing workers to do jobs they can do more economically than "locals". (This initiative was only in its earliest stages in 1997 when this Note was written, now that its more than 20 yrs later its much farther along, but, except in a few service sectors like IT, the US is dragging its feet). Eventually the neoliberal project hopes that trillions of dollars "now wasted on over-high wages" could be "saved" and transformed into profits. Basically, like NAFTA, but for the rest of the country's jobs. Under Track Two of the GATS, barriers to global outsourcing, offshoring, etc. of professional and non-professional services such as work permit or visa barriers or anti-discrimination statutes that might impede outsourcing and similar are quietly being eliminated on a global scale. Outsourcing and offshoring jobs that people depend on to eat out from underneath entire countries and generations of workers is a very sensitive subject so the strategy is "Privatization by stealth".