RT Journal Article SR Electronic(1) A1 World Trade OrganizationYR 2021 T1 Services Domestic Regulation JF WTO, VO OP DO https://doi.org/10.30875/b7c357b1-en PB WTO, SN , AB Services is the fastest-growing sector of today's global economy and trade in services is the most dynamic segment of world trade. However, its potential remains constrained by a variety of barriers: trade costs are estimated to be almost double those in goods, and more than 40% of trade costs are accounted for by regulation-related factors. Regulatory measures related to the permission to supply a service, i.e. those related to licensing and qualifications requirements and procedures, and technical standards, can particularly affect service suppliers' ability to trade. With a view to mitigating the unintended trade-restrictive effects of such measures, since 2017, a group of Members has been negotiating a set of regulatory disciplines in the context of the Joint Initiative on Services Domestic Regulation., UL https://www.wto-ilibrary.org/content/papers/25189808/275