This paper looks at the role of the key international agreements in the process of liberalization of the telecommunications industry. We analyse in particular the role of the WTO agreement in furthering liberalization around the world, and the extent to which it provides protection for foreign investors. The analysis includes assessments of not only market access but also the treatment of property rights, rights of way, financial conditions and regulations as well as issues related to market structure and competition. Outstanding issues representing impediments of these agreements are also identified. The approach is to a large extent based on a comparison with other relevant international agreements, especially with NAFTA. The WTO agreement comes out of... |