It is my pleasure to share with you the fourteenth UNCTAD-OECD Report on G-20 Investment Measures.
The report indicates that G-20 members have refrained from raising new barriers to investment as reiterated in their commitment at the Brisbane summit in 2014.
Almost all of the investment policy changes introduced by G-20 members between mid-May 2015 and mid-October 2015 enhanced openness for international investment, the joint report finds. The findings were prepared by UNCTAD and the OECD and are part of a wider report on trade and investment measures in the G-20 issued periodically by UNCTAD, the OECD and the WTO.
The joint report confirms the long term trend since the monitoring of G-20 policy measures began in 2009; expressed in numbers, well over 80% of newly taken measures specific to foreign direct investment were liberalizing in nature. Beyond their commitment to standstill, the report invites G-20 Leaders to consider ways and means to effectively promote investment to boost global economic growth, trade, employment and sustainable development. There is a need for G-20 collective leadership in this regard.
According to the Report, during the reporting period the following measures were adopted:
Three G-20 members - P.R. China, India and Saudi Arabia - amended their investment-specific policies.
One G-20 member - P.R. China - amended its investment policy related to national security.
Nine G-20 members - Australia, Brazil, Canada, P.R. China, Japan, Republic of Korea, Mexico, the Russian Federation and Turkey - concluded three bilateral investment treaties (BITs) and six other international investment agreements ("other IIAs").
One G-20 member - Indonesia - sent notices of termination for two of its BITs.
Previous reports and detailed information on investment policy changes can be downloaded from UNCTAD's databases on the Investment Policy Hub including the Investment Policy Monitor Database and the IIA Navigator.
I hope that you find our Report on G-20 Investment Measures useful and interesting - please feel free to also share it with your colleagues!
With kind regards,
James Zhan
Director
Investment & Enterprise Division
United Nations Conference on Trade & Development
Palais des Nations, Geneva
Tel: +41 22 917 5797
Fourteenth Report on G20 Investment Measures