WTO - Barometer points to services trade rebound in short run, long term outlook less clear

11 March 2021 |

After falling sharply during the global pandemic, world services trade appears to be in a recovery phase, according to the WTO’s Services Trade Barometer, which has recently risen firmly above trend. However, continued weakness in some sectors and an uneven distribution of COVID-19 vaccines cast some doubt on the durability of the recovery.

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