The term "Services" covers a wide range of heterogeneous products and activities of industries that typically dominate absolute output and employment in most countries. It encompasses both intermediate services like communications transport financial construction and business services and final demand services like tourism and travel, recreation, education, health and environmental services. Read full article
Almost the entire international trade of Pakistan is conducted on multilateral basis rather than under any Free Trade Agreement (FTA) or other preferential basis such as those available to the Least Developed Countries (LDCs). Therefore, the current Round of trade negotiations known as the Doha Development Agenda is crucial for us. Read full article
Services are vital to the functioning of the global economy and are becoming increasingly important in view of their contribution in output, employment and trade. International trade in services is regulated by the General Agreement on Services (GATS) of the World Trade Organization (WTO). Read full article
