Participants conclude WTO services regulation talks in 'historic’ outcome

The plurilateral World Trade Organization negotiations on domestic regulation of services are officially concluded, the leaders of the initiative announced on Thursday, calling the outcome a historic momentum-builder for the organization. The deal is the first of the slate of recent plurilateral negotiations to come to fruition and includes the first new rules to come out of the WTO since 2015, when members delivered the Trade Facilitation Agreement in Nairobi. The new disciplines were crafted to streamline licensing and administration...