# Commission Implementing Regulation (EU) 2020/1197 of 30 July 2020 laying down technical specifications and arrangements pursuant to Regulation (EU) 2019/2152 of the European Parliament and of the Council on European business statistics repealing 10 legal acts in the field of business statistics (Text with EEA relevance), Section 2: Definitions of variables and breakdowns

Extent: E+W+S+N.I.

For the purposes of European statistics on international trade in services by enterprise characteristics and on international supply of services by modes the following definitions of variables and breakdowns shall apply.
Services are the result of a production activity that changes the conditions of the consuming units, or facilitates the exchange of products or financial assets. Services are not generally separate items over which ownership rights can be established and cannot generally be separated from their production.
The international supply of services includes:
Trade in services between residents and non-residents (corresponding to Modes 1, 2 and 4 as defined in Section 2, II) and
Supply of services through the operations of foreign affiliates (Mode 3 as defined in Section 2, II).

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Source: https://www.legislation.gov.uk/eur/2020/1197/annex/VI/section/2 (the official version)
Page: https://openlegislation.uk/eu-regulation-2020-1197/annex-VI/section-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.