Foreign direct investment (FDI) can play a significant role in implementing the 2030 Agenda for Sustainable Development, especially in developing countries. However, FDI flows need to be ramped up considerably to make a marked contribution in order to meet this objective. This is all the more important now because global FDI flows may decrease by 30% to 40% during 2020-2021. This makes the facilitation of FDI flows-and especially the facilitation of sustainable FDI flows-urgent.
Beyond such economic fundamentals as market size and growth, the quality of infrastructure and the level of skills, the impediments to sustainable FDI flows to developing countries can include:
To deal with these challenges, 101 members of the World Trade Organization (WTO) are negotiating a multilateral framework on investment facilitation for development.
In this context, the International Trade Centre (ITC) and the German Development Institute/Deutsches Institut für Entwicklungspolitik (DIE) have launched a project on "Investment Facilitation for Development." The project supports the negotiations of a multilateral framework on investment facilitation for development by:
The project delivers three sets of complementary activities:
For further information, please contact Quan Zhao (firstname.lastname@example.org), ITC; Axel Berger (email@example.com), DIE; Karl P. Sauvant (firstname.lastname@example.org), Columbia University/CCSI;
Capacity building workshops for WTO delegates and government officials
Commentary Group meetings
Expert Network seminars
For IPAs and government officials: capacity strengthening webinars