World Trade Organization Organisation Mondiale du Commerce Organización Mundial del Comercio



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Trade facilitation is an ongoing process; it would not be possible to enumerate the remaining problems of trade on customs procedures after implementation of the EDI and RMS.

TURKEY

Turkey 1:

Report by the Government of India (WT/TPR/G/249)

Could India share its assessment how the rising inflationary pressure has affected the competitiveness in its services sector?

Reply: In so far as non tradable services are concerned, there is some impact in terms of slowdown in housing and real estate sectors and financial services in the last 2 quarters; but intense competitiveness among firms remain intact in view of large number of market playeRs In so far as tradable services are concerned, competitiveness is linked closely to REER. But there is also the fact that the present inflation calculation does not include the services sector inflation.


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