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Services trade restrictions increased in 2020, compounding COVID-19 economic shock   09/02/2021 - The global regulatory environment for services trade became more restrictive in 2020, with new barriers compounding the shock of the COVID-19 pandemic on exporters, according to a new OECD report. OECD Services Trade Restrictiveness Index (STRI): Policy trends up to 2021 shows an increasing pace in the erection of new barriers to services trade across all major sectors. New restrictions are affecting services traded through a range of commercial establishments, in sectors including computer services, commercial banking and broadcasting. Global services trade fell by 24% in the third quarter of 2020 compared to a year ago, a small uptick from the 30% year-on-year decline registered in the second quarter.

United kingdomCzech republicJohn drummondAngel gurrLawrence speerHead of the trade in services divisionServices trade restrictiveness indexMedia officeTrade restrictiveness indexGeneral angel gurrServices divisionAgriculture directorateCovid 19Computer servicesCommercial bankingDigital trade