Lagarde encouraged countries to use flexible trade agreements to unlock the full potential of e-commerce and other tradeable services, such as engineering, communications, and transportation.
"Our latest analysis shows that by reducing trading costs for services by 15 percent, we could boost total GDP of G20 countries by more than $350 billion this year," she said.
"These are the kinds of gains that are within reach - if we work together, if we focus on creating a better global trade system," said Lagarde.
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