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WTO launches trade in services dataset by sector and mode of supply

Jul, 31, 2023 Hi-network.com

The WTO launched a new dataset which is the first-ever comprehensive estimate of how much services are traded by sector through the four modes of supply as defined in the WTO's General Agreement on Trade in Services. For services trade negotiations, comprehensive information on trade in services by mode of supply has been a longstanding priority for many governments as part of their multilateral or regional trade negotiations. Mode 1 refers to cross-border supply, such as through the internet, making the data will be relevant to e-commerce discussions. The data covers the services exports and imports of 200 economies from 2005 to 2017.

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