Restrictions on Trade in Professional Services

Media release

Issued with Restrictions on Trade in Professional Services on 16/08/2000.

A staff research paper by Duc Nguyen-Hong on Restrictions on Trade in Professional Services identifies and quantifies restrictions affecting domestic and international trade in legal, accountancy, architectural and engineering services in more than 29 economics, including Australia.

The paper also examines the price and cost effects of restrictions in engineering services.

The paper finds that:

  • legal and accountancy services are more highly restricted than engineering and architectural services in most economics studied, including Australia;
  • Indonesia, Malaysia, Turkey and Austria have the most restrictive trading regimes in the four professional service industries. Australia's trade in professional services is relatively open when measured against a majority of economies; and
  • restrictions can increase prices of engineering services by at least 15 per cent in highly restricted economies.

The paper is the latest in a stream of Commission research to measure barriers to trade in services.

Background Information
02 6240 3235
03 9653 2244 / 0417 665 443
Tom Nankivell, Trade Policy Research Unit
Daniella Hanek, Media and Publications