To address challenges associated with regulatory practices for services trade, over 70 WTO members adopted new Disciplines on Services Domestic Regulation, which entered into force in 2024. These disciplines aim to embed GRPs into services policies and facilitate services trade by fostering transparency, predictability and efficiency in regulatory frameworks.
The publication outlines how GRPs can reduce trade costs, enhance economic performance and support financial inclusion. It outlines 14 core GRPs for improving transparency and efficiency in authorization and licensing processes, with the aim of promoting international regulatory cooperation. Four case studies, focusing on Costa Rica, Indonesia, the Philippines and Thailand, illustrate how reforms anchored in clear legal frameworks can reduce compliance costs, enforce quality standards and reduce processing times. The publication also introduces the Diagnostic and Reform Planning Tool, a new instrument developed to assist policymakers and regulators in mapping their domestic regulatory frameworks against the 14 GRPs set out in this publication.
Co-published by the WTO and the World Bank in 2025.
| Product Location | 1202 Geneve, Geneva, Switzerland |
No reviews found!
English
French
German
No comments found for this product. Be the first to comment!