New disciplines on regulation of services trade enter into force for four more members

The new disciplines on services domestic regulation which entered into force at the 13th Ministerial Conference (MC13) in February for 45 WTO members have taken legal effect for four more members — Albania, Canada, El Salvador and the Republic of Korea. The disciplines have the potential to reduce trade costs by over USD 125 billion worldwide.

New disciplines on regulation of services trade enter into force for four more members
The new disciplines on services domestic regulation which entered into force at the 13th Ministerial Conference (MC13) in February for 45 WTO members have taken legal effect for four more members — Albania, Canada, El Salvador and the Republic of Korea. The disciplines have the potential to reduce trade costs by over USD 125 billion worldwide.