Services Trade Policy

Services trade policy refers to government rules and agreements that govern the exchange of services—like banking, healthcare, transportation, or education—across borders. It aims to facilitate smooth, fair, and efficient international service transactions while protecting national interests. Good policies can promote economic growth, create jobs, and provide consumers with better quality and more choices. They include regulations on licensing, standards, and fair competition, as well as commitments made in international agreements to ensure open and predictable markets for service providers worldwide.