The Services Sector Opens Up

The Services Sector Opens Up

October 12, 2021
Procurement

The WTO have announced a new agreement on the regulation of the services sector in over sixty countries. The deal ensures more transparency on regulation and certification of services companies.

This creates a significant opportunity for international trade on services, particularly in the public sector, where there is a much greater emphasis on services over goods.

Financial services firms and consultancies are expected to benefit, as the new agreement will significantly reduce costs, but will also allow companies within these countries to open data about their capabilities to press for and, potentially, win new business around the world.

Spend Network are global experts in government procurement data.Get in touch to discuss our data, research or consulting capability.

 

August 10, 2022

Shifts Towards Sustainable Sourcing

A while ago,  we shared an article on findings by the Boston Consulting Group and the World Economic Forum that showed procurement is responsible...
August 9, 2022

Supporting Sustainable Procurement In The Construction Industry

Construction projects are usually long and complex, involving the participation of different stakeholders throughout the different project stages. There are certain factors...
August 4, 2022

Why Is Open SPP Important In The Construction Sector?

The construction industry is estimated to account for 6% of global GDP, with Africa's construction market valued at around USD 5.4 billion...
August 2, 2022

US Advances Equity And Economic Opportunity Through Procurement.

With the implementation of the Bipartisan Infrastructure Law, the Biden-Harris Administration set an objective to ensure federal investments built wealth and opportunity...
July 28, 2022

5 Reasons To Export To Government

If you want to grow exports, you should start with the largest and most transparent industry in the world, and here are...
July 26, 2022

Sustainable Public Procurement and Economic Development

What is it? For many industries contracting has become a global affair. Governments are rightly keen to gain economic advantages from a...
July 21, 2022

 Measuring Life Cycle Costing

In this article from the Sustainable Public Procurement Toolkit, we explain how you can use data to measure and monitor progress against...
July 19, 2022

Measuring Gender Inclusion

What Is Gender Inclusion Measurement? To reduce the barriers women-led businesses face in public procurement markets, we need to be able to...
July 14, 2022

Measuring Carbon Reduction

What Is Carbon Reduction in Procurement About? Governments and companies are setting deadlines for achieving zero emissions. Public procurement can be used...
July 7, 2022

Measuring Sustainable Public Procurement

What is 'sustainable public procurement' uptake? Sustainable public procurement (SPP) uptake levels are about knowing how much sustainable public procurement is being...
July 5, 2022

Options For Data Use

There are different ways in which open data can be used to drive and measure progress against sustainability goals. So as part...
June 30, 2022

Open Data & Measuring Progress

We believe all public procurement should be sustainable and open. Recently, with our partners Open Contracting and Public, we launched a new...
June 28, 2022

Blacklisting Needs Kid Gloves

In the UK’s House of Lords debate on procurement reform, there was some forthright questioning within the government on whether Bain and...
June 22, 2022

Bain’s Woes in RSA Raises Questions in Parliament

Last week in a Lords Chamber debate, Lord Peter Hain asked why Bain & Company were still able to bid for multi-million-pound...
June 22, 2022

Procurement and impact

Governments spend over 13tn USD a year with their suppliers, or around 15% of global GDP. We’ve started analysing the carbon intensity...

Newsletter

Compelling research, insights and data directly into your inbox.

Recent media stories

The Times
May 30, 2022
CIPFA
August 3, 2021

Search

Scroll to Top