Our Videos

May 24, 11

NEWS / Worlds largest economies generally avoiding protectionism


24 May 2011 –
The Group of 20 (G20) largest economies are largely keeping their pledges to avoid protectionism as a reaction to the recent global recession, but the rest of the world is increasing trade barriers, according to a new report co-authored by the United Nations.

The joint report from the United Nations Conference on Trade and Development (UNCTAD), and the Organization for Economic Cooperation and Development (OECD), released today, said that most new measures taken by G20 countries from mid-October last year to mid-April this year, eliminated restrictions to international investment or improved clarity for foreign investors.

Today’s report is the latest in a series begun in 2008 when the G20 asked UNCTAD and OECD to monitor members’ investment measures to ensure that protectionist policies are avoided.

The report also noted that the last six months have seen an increase worldwide in measures restricting or regulating foreign investment. Restrictive measures now stand at 35 per cent of all policy measures adopted – the highest proportion since 1992, when UNCTAD first published data on this issue, the agency said.

The policy developments covered by the most recent report took place in a situation where – unlike with global gross domestic product (GDP) and trade flows – global investment flows have not recovered to their levels before the 2008 financial crisis, UNCTAD said.

For the period between 16 October 2010 and 28 April 2011, the report shows that seven G20 members adopted investment-specific policies; nine adopted emergency and related measures with potential impacts on international investment; one adopted an investment measure related to national security; and eight concluded six bilateral investment treaties and six other agreements with investment provisions.

http://www.un.org/apps/news/story.asp?NewsID=38485&Cr=g20&Cr1=

Tags: foreign investment, foreign investors, foreign investor,
 




Testimonials

John Beacleay

Just wanted to say thanks again for all your help Anton. I mean it's really amazing to me that yo...
Read More »
Niranjan Sujay
I recently used LOGOS INTERNATIONAL for the translation of my bachelor’s certificate, and I couldn’t...
Read More »
Katia Nagata

As a foreigner, I needed a certified translation, so I called the DOE to give me a list of the ce...
Read More »
AnnaMaria Realbuto
Thank you for all your assistance and efficiency...
Read More »




FAQ

Will ICE be adding new degrees to the STEM Designated Degree Program List during the comment period?
Read More »
What are the Acceptable English Language Test Scores for Health Care Worker Certification?
Read More »
What if my employer goes out of business or in bankruptcy?
Read More »
When does it take effect?

Read More »






News

July 1, 25
South Carolina woman accused of altering sister’s death certificate to commit insurance fraud
Read More »
June 26, 25
Jefferson Davis Hospital birth certificate errors persist; causing headaches for many
Read More »
June 19, 25
Iowa man whose body was found after home explosion died of suicide – death certificate
Read More »
June 19, 25
Cruise line passenger allegedly posed as US citizen by using fake birth certificate and ID
Read More »