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WTO implements laws to ease global services trade

28 February 2024
41522
2024-02-28 09:31

World Trade Organization made landmark implementation of new regulations to smoothen international services exchange at the 13th Ministerial Conference in Abu Dhabi, UAE.

WTO has announced the enforcement of new regulations to streamline international services trade.

The implementation of these regulations is a response to the bureaucratic challenges faced by businesses in cross-border trade operations, aiming to simplify procedures and promote equal opportunities for services suppliers worldwide. By establishing common rules and best practices, the WTO seeks to ensure that domestic policy objectives can be realized without hindering international trade.

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