Published: 15.06.2016 Updated: 18.07.2023

Research and development services (services that are associated with basic research, applied research, and experimental development of new products and processes, commercial research related to electronics, pharmaceuticals and biotechnology), professional and management consulting services (legal services, accounting, management consulting, managerial services and public relations services, advertising, market research, and public opinion polling services), technical, trade-related, and other business services (architectural, engineering, scientific and other technical services, waste treatment and de-pollution, agricultural and mining services, operating leasing services, trade-related services and other business services n.i.e.).
The definition of the concept is consistent with Balance of Payments and International Investment Position Manual (6th edition) of the International Monetary Fund.