The FTAs negotiated by the US and EU with developing countries also include a chapter on services and (sometimes a separate chapter on) investment. In the case of the EU's FTA negotiations with ACP countries in the Economic Partnership Agreements (EPAs) this results in GATS 'plus plus' as can be seen in the EPA signed between the EU and the Caribbean group (i.e. Cariforum States):
- because of GATS art. V, developing countries have to make quite substantial liberalisation commitments,
- the EPA includes elements which are not yet decided in the GATS negotiations or even elements which have been rejected in GATS negotiations,
- liberalisation of investment in non-services sectors is being subjected to the to the same rules as services investment, which include a hybrid mix of different GATS rules.
During FTA negotiations, the financial services sector is a major target of EU to achieve liberalisation. This can also be seen by the many articles on liberalisation of financial services in the FTAs the EU has signed with Chile and Mexico. The Caribbean EPA contains far reaching, sometimes modified, elements of the GATS Annex on financial services and the GATS Understanding on Commitments in Financial Services (see above).
During current FTA negotiations, the EU tries to introduce obligations on authorities to implement standards which would guarantee stability for their financial services sectors - an attempt which the Caribbean negotiators refused. The international standards which the EU wants to include in FTAs are many of those which are described in chapter 1 and which were hardly negotiated by developing countries, are:
- the Basel Committee's "Core Principle for Effective Banking Supervision",
- the International Association of Insurance Supervisors' "Insurance Core Principles",
- the International Organisation of Securities Commissions' "Objectives and Principles of Securities Regulation",
- the OECD's "Agreement on exchange of information on tax matters",
- the G20 "Statement on Transparency and exchange of information for tax purposes" and
the Financial Action Task Force's "Forty Recommendations on Money Laundering" and
"Nine Special recommendations on Terrorist Financing".
The Parties also take note of the "Ten Key Principles for Information Exchange" promulgated by the Finance Ministers of the G7 Nations, and will take all steps necessary to try to apply them in their bilateral contacts
Worrying restrictions to control capital flows
A very worrying aspect of the FTAs such as the Caribbean EPA is that it restricts even further the authorities' capacity to control capital flows. The rules go beyond what is being agreed in the GATS which already prohibits restrictions on all payments for current transactions in sectors which have been liberalised under GATS. It also goes further than what the Cotonou agreed about capital movements. However the Caribbean EPA -which is based on the model for all FTAs the EU is currently negotiating- goes further to:
- prohibit restrictions on all payments for current transactions between residents of the signatory countries,
- prohibit restrictions on the free movement of capital relating to direct investments with regard to transactions on the capital account of balance of payments,
- to require that measures ensuring the integrity and stability of a Party's financial system shall not be more burdensome than necessary to achieve their aim, and shall not discriminate against financial service suppliers of the other Party in comparison to its own like financial service suppliers,
- to limit the ways safeguard measures with regard to capital movements can be taken: only "in exceptional circumstances" when payments and capital movements between the Parties cause or threaten to cause serious difficulties for the operation of monetary policy or exchange rate policy in one or more [signatory States]; and only those safeguard measures with regard to capital movements "that are strictly necessary may be taken" for a period not exceeding six months.
Such rules prohibit countries to have the necessary flexibility to prevent a financial crisis or to act during times of financial crisis to protect the financial and other needs of the society of the host country. There are some provisions to deal with balance of payments problems, but these are made conditional.
 For instance the rule in the Caribbean EPA on introducing new financial services is somewhat more nuanced than the GATS and stipulates: Each Party shall permit a financial service supplier of the other Party to provide any new financial service of a type similar to those services that the Party permits its own financial service suppliers to provide under its domestic law in like circumstances. A Party may determine the juridical form Š a decision shall be made within a reasonable time the authorisation may only be refused for prudential reasons is required
 See the Caribbean - EU EPA: Part VI - General And Final Provisions