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TRADE IN SERVICES IN THE CONTEXT OF COVID-19 transport …

28 May 2020 Page: 1/12 Original: English 1 TRADE IN SERVICES IN THE CONTEXT OF COVID-19 INFORMATION NOTE1 KEY POINTS: SERVICES sectors have been heavily affected by the COVID-19 pandemic. Tourism, transport and distribution SERVICES , for example, have suffered as a result of mobility restrictions and social distancing measures imposed for public health reasons. Given the role of SERVICES in providing inputs for other economic activities, including connecting supply chains and facilitating TRADE in goods, disruptions in SERVICES supply are having a broad economic and TRADE impact. The type and extent of effects on TRADE in SERVICES vary by sector and mode of supply. TRADE in SERVICES that involves proximity between suppliers and consumers has been severely impeded.

of micro, small and medium-sized enterprise (MSME) activity, the disruption in services supply also ... remote supply, but this is not necessarily the case in all services sectorsor countries. ... online supply are increasing resilience in coping with the crisis by facilitating telework and tele-education. At the same time, the pandemic is also ...

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