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Investment Facilitation for Development

  • Investment Facilitation for Development

    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:

    • low levels of predictability and transparency of the regulatory framework,
    • difficulties of undertaking investment, 
    • lack of incentives to contribute as much as possible to sustainable development.

    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:

    • building negotiation capacity in developing (including least developed) countries,
    • channelling ground-level and analytical expertise to negotiators,
    • promoting public discussions of issues related to investment facilitation for development.

    The project delivers three sets of complementary activities:

    • Two focus groups of global experts have been established to marshal global perspectives:
    • The Commentary Group on a Multilateral Framework on Investment Facilitation for Development consists primarily of experts from investment promotion agencies, investment service providers and the private sector; it is being implemented together with the World Economic Forum. These experts provide ground-level insights for the drafting of the framework.
    • The Expert Network on a Multilateral Framework on Investment Facilitation for Development consists of academic experts who explore legal, political and economic challenges that need to be addressed to move the negotiations forward.
    • The project delivers capacity-building workshops to delegates from Missions to the WTO to showcase best practices as regards putting in place and implementing investment facilitation measures for development.
    • Regular webinars are organized for the general public, to provide insights from experts and offer a platform for public dialogue.

    For further information, please contact Quan Zhao (zhao@intracen.org), ITC; Axel Berger (axel.berger@die-gdi.de), DIE; Karl P. Sauvant (karlsauvant@gmail.com), Columbia University/CCSI;


    Publications

    High-level events

    • High-level Regional Roundtable on the WTO Investment Facilitation for Development Negotiations: Perspectives from Caribbean Economies (February 24, 2021)
      Programme     Report
    • High-level Regional Roundtable on Investment Facilitation for Development: The benefits and challenges of international investment facilitation frameworks for development for African economies (March 3-4, 2021)
      Programme     Report
    • High-Level Regional Roundtable on the WTO Investment Facilitation for Development Negotiations: Perspectives from Asian and Pacific Economies (March 30, 2021)
      Programme     Report
    • High-Level Regional Roundtable on the Benefits and Challenges of a WTO Investment Facilitation Framework for Development for Latin American Economies (May 6, 2021)
      Programme     Report

    Capacity building workshops for WTO delegates and government officials

    • 1st workshop for WTO delegates and government officials: Concrete measures to facilitate the flow of sustainable FDI(March 11, 2020)
      Programme      Report
    • 2nd workshop for WTO delegates and government officials: Increasing the development impact of a multilateral framework on investment facilitation for development (May 12, 2020)
      Programme      Report
    • 3rd workshop for WTO delegates and government officials: Implementation challenges for a multilateral framework on investment facilitation for development (September 23, 2020)
      Programme      Report
    • 4th workshop for WTO delegates and government officials: Investment Facilitation for Development: Looking Back and Looking Forward (December 11, 2020)
      Programme         Workshop recording        Report
    • 5th workshop for WTO delegates and government officials: Investment Facilitation for Development: Hearing from practitioners (December 11, 2020)
      Programme      Report

    General webinars 

    • 1st Webinar on a Multilateral Framework on Investment Facilitation for Development (February 11, 2020)
      Programme      Report
    • 2nd Webinar on a Multilateral Framework on Investment Facilitation for Development (March 19, 2020)
      Programme      Report
    • 3rd Webinar on a Multilateral Framework on Investment Facilitation for Development (April 30, 2020)
      Programme      Report
    • 4th Webinar on a Multilateral Framework on Investment Facilitation for Development (May 28, 2020)
      Programme      Report
    • 5th Webinar on a Multilateral Framework on Investment Facilitation for Development (October 5, 2020)
      Programme      Report
    • 6th Webinar on a Multilateral Framework on Investment Facilitation for Development (January 19, 2021)
      Programme      Report
    • 7th Webinar on a Multilateral Framework on Investment Facilitation for Development (February 25, 2021)
      Programme      Report
    • ITC Webinar Series: The WTO Investment Facilitation Framework for Development and the Importance of Facilitating Sustainable Investment for MSMEs (May 28, 2021)
      Programme      Report

    Commentary Group meetings

    Expert Network seminars 

    Regional events

    • Tenth Meeting of the Asia-Pacific Foreign Direct Investment Network: Investment facilitation framework for development: current discussions at regional and multilateral levels (February 23, 2021)
      Programme     Report
       

    For IPAs and government officials: capacity strengthening webinars

    • Strengthening investment facilitation capacity for development: an overview, based on ‘An Inventory of Concrete Measures to Facilitate the Flow of Sustainable FDI: What? Why? How?’ (February 26, 2021)
      Programme     Report
    • Investment facilitation: transparency and streamlining of administrative procedures (March 17 , 2021)
      Programme     Report
    • Investment facilitation: promoting linkages and supplier databases (April 13, 2021)
      Programme     Report
    • Linking outward FDI to inward FDI: the role of home-country measures (May 4, 2021)
      Programme     Report
    • Incentivizing sustainable foreign direct investment (June 1, 2021)
      Programme     Report
    • Investment facilitation for development - assessing large-scale investment contracts (July 6, 2021)
      Programme     Report