Posts

Showing posts with the label developingeconomies

India Doubles its Global Commercial Services Exports Between 2005, 2022: WTO - News18

Image
[ad_1] Last Updated: July 04, 2023, 02:33 IST A mobile crane carries a container at Thar Dry Port in Sanand in the western state of Gujarat, India, February 13, 2017. Picture taken February 13, 2017. (Reuters File Photo) India has doubled its share of global commercial services exports to 4.4 per cent in 2022 from 2 per cent in 2005, according to a World Bank and World Trade Organization (WTO) report. India has doubled its share of global commercial services exports to 4.4 per cent in 2022 from 2 per cent in 2005, according to a World Bank and World Trade Organization (WTO) report. “China and India doubled their share of global commercial services exports from 2005 to 2022, from 3.0 per cent to 5.4 per cent, and from 2.0 per cent to 4.4 per cent, respectively,” it said. The report titled ‘Trade in services for development’ also said that in India, South Africa and Türkiye, jobs directly linked to cross-border services exports account for more than 10 per cent of total services sec...