LONDON-Wednesday 12 August 2020 [ AETOS Wire ]
Forecasts by Western Union and Oxford Economics project the value of international, cross-border trade in services rising from $6.1trn in 2019 to $8.0trn by 2025 – a 31% increase in value
Amongst developed economies, USA, France, and UK set to see largest increase in value of cross-border trade in services by 2025
Adoption of new technology and digitization of working practices likely to further fuel post-pandemic economic recovery and growth of cross-border trade in services
Trade policy liberalization could see an additional $890bn increase in the value of services traded globally
(BUSINESS WIRE)-- The Western Union Company (NYSE: WU), a leader in cross-border, cross-currency money movement and payments, today launches a new report, “The Global Services Trade Revolutions: Fuelling post-pandemic economic recov
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