Removal of regulatory barriers to the #tourism and travel related sector would mean further growth For Pacific Island Countries (PICs), the removal of regulatory barriers to its tourism and travel related sector would mean further growth in the tourism sector. Tourism induces positive impacts such as income generation, telecommunications and infrastructure development. PICTA Trade in Service Protocol (PICTA TIS) specifically regulates measures affecting intra-regional trade in three sectors of priority to the region, notably tourism, transportation and business services. The removal of regulatory barriers to other additional services sectors may be pursued in future negotiations.Tourism also has an integral impact on employment, especially the hotel and catering industry. The removal of regulatory barriers to the tourism sector will attract more intra-regional tourism development projects amongst PICs. It would generate new job opportunities for many Pacific Islanders (including women and youth) and improve their standard of living. Find out more about PICTA Trade in Service Protocol (PICTA TIS): forumsec.org/pages.cfm/economic-governance/regional-trade-1/picta/
Posted on: Mon, 29 Sep 2014 23:38:51 +0000
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