The conception of market led international trade as a means to mutual benefits for all engagedrnbodies is a truth rooted in the invisible hand notion of Adam Smith (1776). Carrying on this 18thrncentury factual understanding of free trade and aiming at realizing the full benefits ofrninternational trade, regional and international agreements and negotiations are underway tornreduce and eventually eliminate restrictions on free functioning of markets. Among these,rnEconomic Partnership Agreements (EPAs) being negotiated between EU and ACP countries arerncomprehensive accords attempting to promote free workings of markets. Beyond the commonrntariff and quota-free understanding of free trade, EPAs include provisions on investment andrntrade in services with an ultimate aim of creating market-led service industries. As an economyrnnegotiating EPA with EU, potential outcomes of the agreement 'On the Ethiopian servicernindustries call for assessment. In this regard, this study examines the potential post-EPArncompetition, trade and investment in three fundamental but restricted service industries of thernEthiopian economy. Based on reviews of CARIFORUM (sates that have completed EPArnnegotiations) experiences, EPA service provisions, the service industry structures and regulatoryrnframework of the industries in Ethiopia; findings of the study reveal that, aligned with thernobjective of EPAs, the telecommunications, finance and maritime transport industries of Ethiopiarnwould move towards a competitive industry structure, trade and liberalization for investments inrnthe post-EP A future.