
804 | Chapter 26
Driving new services trade reforms via trade agreements has proven difficult.
Accompanying market-opening negotiations with greater international
cooperation focused on domestic regulatory measures may be one way to
harness the potential of services trade.
Concluding observations of the report
A Over the last few decades, services have become the backbone of the global
economy and the most dynamic component of international trade. Services are
increasingly easier to trade thanks in large part to digitalization. From online
education to virtual law firms, technology is penetrating all services sectors,
transforming services ...