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Facilitaci髇 de las inversiones para el desarrollo

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IFD

Negotiations on Investment Facilitation for Development

The Investment Facilitation for Development Agreement has been negotiated at the WTO against the backdrop of an increasing and reinforcing relationship between trade and investment, which has the potential to foster economic growth and diversification, job creation and sustainable development. Over the last few decades, many economies have adopted policies aimed at facilitating investment, with the aim of attracting foreign direct investment. These efforts aim to enhance these economies' production capacities and trade-related infrastructure (roads, ports, electricity, etc.), and to expand and diversify their export opportunities, which are essential to unlocking their full trade potential.

In December 2017, 70 WTO members from all continents and at all levels of development issued a Joint Statement on Investment Facilitation for Development, calling for “structured discussions” aimed at developing a multilateral framework on investment facilitation for development. In November 2019, 98 WTO members committed in a second Joint Statement on Investment Facilitation for Development to intensify work on developing a framework (agreement) for facilitating foreign direct investment relating to both goods and services and on working towards a concrete outcome at the 12th Ministerial Conference (MC12).
Negotiations towards an agreement on investment facilitation for development were formally launched in September 2020. In the negotiations, participating WTO members discussed the following topics: 

  • improving the transparency and predictability of investment measures
  • simplifying and speeding up investment-related administrative procedures
  • strengthening the dialogue between governments and investors, and promoting the uptake by companies of responsible business conduct practices as well as preventing and fighting corruption
  • ensuring special and differential treatment, technical assistance and capacity building for developing economies and least-developed countries.