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Feb 21, 2023 · India’s performance on STRI: lowest scoring sectors (least restricted): computer services, engineering services, sound recording, and road freight transport. highest scoring sectors (most restrictive): architecture service, rail freight transport, accounting services, and legal services.
The OECD Services Trade Restrictiveness Index (STRI) provides annually updated, comparable information on regulations affecting trade in services across 50 countries and 22 sectors from 2014 to 2024.
The Organisation for Economic Cooperation and Development (OECD) released Services Trade Restrictiveness Index (STRI) for the year 2022. India’s ranking is 47th and it improved from last year by one position.
STRI: Services Trade Restrictiveness Index (Edition 2023) OECD Statistics on International Trade in Services. The OECD Statistics on International Trade in Services database includes data from 1970 on trade in services by category of service, by partner countries and additional national items and memorandum items series for OECD countries.
India In 2020, India eliminated pricing guidelines for transfers of shares between residents and non-residents, lowering barriers to services trade horizontally in all sector.
Key drivers of growth include travel services, commercial services, and goods-related services. In this context, the latest OECD Services Trade Restrictiveness Index (STRI) shows that barriers to services trade continue to be high across countries and sectors, influenced by global economic and geopolitical challenges.
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Feb 17, 2023 · Reflecting presence of huge market barriers in the country, India stood at 47th position in Services Trade Restrictiveness Index (STRI) conducted by the Organisation for Economic Cooperation...
