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Promoting Trade in Services

Experience of the Baltic States

Promoting Trade in Services by Organisation for Economic Co-operation and Development
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Modernisation of service industries and the expansion of international trade have been important elements of the reform process in the Baltic States, aimed at establishing a business-friendly and pro-competitive environment for services in Estonia, Latvia and Lithuania.

Promoting Trade in Services: Experience of the Baltic States highlights the main elements of the strategies adopted in developing the service sector in the three countries. It reveals how, through market liberalisation and external opening, they successfully transformed the service sector into a prime contributor to their GDP and employment, as well as international trade.

The report spotlights the progress in banking, telecommunications, electricity and airfreight. It analyses the impact of the EU Acquis communautaire on their regulatory frameworks and trade liberalisation process. The report also provides valuable insights for the ongoing debate, confirming in particular the key role of effective domestic regulations and institutional regulatory settings, as well as the interaction of international and regional trade disciplines.

Despite the recent dynamic development in the service sector, there is still room for further progress and this report provides policy proposals for continuing the expansion of trade in services in the Baltic region, as well as in other transition economies.

This publication is part of the OECD’s ongoing co-operation with non-member economies around the world.

Organisation for Economic Co-operation and Development; January 2004
146 pages; ISBN 9789264106161
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Title: Promoting Trade in Services
Author: Organisation for Economic Co-operation and Development