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Negotiations in the Framework of the WTO are a New Model of Governance for Foreign Direct Investment: Alicia Bárcena | Press Release

Photo: archive ECLAC
The Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, indicated today that the negotiations on an investment facilitation for development agreement launched in the framework of the World Trade Organization (WTO) are a new model of governance for Foreign Direct Investment (FDI), since they stress cooperation between investors and host countries, in contrast to traditional agreements that put the emphasis on granting all sorts of rights to investors, without any obligations.
The senior United Nations official was one of the main speakers at the “High-level regional roundtable on the benefits and challenges of a WTO Investment Facilitation Framework for Development for Latin American economies,” organized by the International Trade Centre (ITC), ECLAC, the German Development Institute (DIE, Deutsches Institut für Entwicklungspolitik), the WTO, and the World Economic Forum (WEF). ....

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ECLAC - Economic Commission for Latin America[...] (via Public) / Negotiations in the Framework of the WTO are a New Model of Governance for Foreign Direct Investment: Alicia Bárcena

05/06/2021 | Press release | Distributed by Public on 05/06/2021 20:58
Negotiations in the Framework of the WTO are a New Model of Governance for Foreign Direct Investment: Alicia BÃ¡rcena
The Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), Alicia BÃ¡rcena, indicated today that the negotiations on an investment facilitation for development agreement launched in the framework of the World Trade Organization (WTO) are a new model of governance for Foreign Direct Investment (FDI), since they stress cooperation between investors and host countries, in contrast to traditional agreements that put the emphasis on granting all sorts of rights to investors, without any obligations. ....

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