Workshop on APEC Best Practices on Developing Services-related Statistics in Mode 3

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Workshop on APEC Best Practices on Developing Services-related Statistics in Mode 3

Publication Number

APEC#221-CT-04.6

Published Date

September 2021

Type of Publication

Proceedings

Publications Under

Committee on Trade and Investment(CTI), Group on Services(GOS)

Accessed

186

Pages

21

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Description

This report contains the summary of all sessions in the Workshop on APEC Best Practices on Developing Services-Related Statistic in Mode 3 held on 29-30 June 2021. The workshop aimed to improve the understanding and capability of statistical services on trade in services by sharing experiences and exchanging best practices among APEC economies.

Discussion during the workshop showed that each economy has a different stage of development in Foreign Affiliates Statistics (FATS) data compilation. Several economies have collected FATS data while the others are still in the process of preparation. Thus, they face some challenges such as coordination among relevant ministries, unavailability and difficulty to collect the data. The discussion concluded that it is essential to build awareness in terms of FATS compilation and utilization to facilitate inter-ministerial coordination and to have a regulation framework which can increase the support from enterprises in providing the related data and ensure its confidentiality.