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Group of 67 nations in WTO agree to cut red tape in services trade

Group of 67 nations in WTO agree to cut red tape in services trade
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United statesApple to zurich financial servicesWorld trade organizationEuropean services forumSixty seven world trade organizationEconomic co operationZurich financial services

Group of 67 nations in WTO agree to cut red tape in services trade

Sixty-seven World Trade Organization members agreed on Thursday to pare back regulations such as licensing requirements placed on service providers operating in foreign countries, a move that could save $150 billion in annual trade costs.

United statesMark heinrichThomson reuters trust principlesOrganisation for economicApple to zurich financial servicesWorld trade organizationEuropean services forumEconomic co operationZurich financial servicesPhilip blenkinsop editingThomson reuters trust

Group of 67 nations in WTO agree to cut red tape in services trade

Sixty-seven World Trade Organization members agreed on Thursday to pare back regulations such as licensing requirements placed on service providers operating in foreign countries, a move that could save $150 billion in annual trade costs.

United statesPhilip blenkinsopMark heinrichThomson reuters trust principlesOrganisation for economicApple to zurich financial servicesWorld trade organizationEuropean services forumEconomic co operationZurich financial servicesThomson reuters trustAsia pacificBanking amp investment services trbc level 2Banking services trbc level 3China prcDiplomacy foreign policy

67 nations in WTO agree to cut red tape in services trade

Developed and some developing countries from Peru to the Philippines commit to greater transparency, legal certainty, and an easier regulatory process with electronic applications and clear and reasonable fees

United statesOrganisation for economicEuropean unionApple to zurich financial servicesWorld trade organizationEuropean services forumSixty seven world trade organizationEconomic co operationZurich financial services