Financial Times FT.com

WTO seeks to allay fears on moving IT services offshore

By Frances Williams in Geneva

Published: July 1 2005 03:00 | Last updated: July 1 2005 03:00

Predictions that offshore information technology services will transfer millions of jobs from rich to poor countries are wide of the mark, the World Trade Organisation said yesterday.

In its annual World Trade Report, the WTO said that, while offshoring of IT services was set to increase, there would be no dramatic impact on employment either in sending or receiving countries.

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