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Cablegate: Delivery of Wto Financial Services Requests

This record is a partial extract of the original cable. The full text of the original cable is not available.

UNCLAS ANKARA 000210

SIPDIS


DEPT PASS USTR FOR AUSTR PAPOVICH
TREASURY FOR LOGAN STURM


SENSITIVE


E.O. 12958: N/A
TAGS: ETRD ECON TU WTO
SUBJECT: DELIVERY OF WTO FINANCIAL SERVICES REQUESTS
AND TREASURY LETTER


REF: 2002 State 262955


(SBU) On January 6, Econoff met with Sevgi Boz, Deputy
General Director for Banking and Exchange, at the
Turkish Treasury Undersecretariat, on January 6 to
deliver reftel letter from Treasury Undersecretary John
Taylor to State Minister Ali Babacan, the U.S. WTO
financial services request and the U.S. transparency
annex. Boz noted that the Turkish financial services
were already very open to foreign investment and that
this openness was bound in Turkey's WTO commitments.
However, she acknowledged that Turkey had not formally
updated its WTO schedule in this area and would do so
soon. Boz said that Turkey did not plan to submit its
own WTO financial services proposal, and that it would
take the EU's position into account in considering our
proposal. She also stated that Turkey welcomed any
opportunity to discuss these issues with U.S. experts,
preferably in Geneva, and that the GOT tentatively
planned to send its specialists to Geneva sometime in
March.
Pearson

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