
Towards a new global agreement to facilitate investment for development
Representatives from 113 economies have finalized a new agreement on sustainable Investment Facilitation for Development at the World Trade Organization.
The World Trade Organization (WTO) deals with the global rules of trade between nations. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible.
Representatives from 113 economies have finalized a new agreement on sustainable Investment Facilitation for Development at the World Trade Organization.
The Forum's Global Trade Alliance has generated a 673% return on investment with its projects removing trade barriers in developing countries.
The World Trade Report 2022 finds that although trade can generate greenhouse gas emissions, it can also serve as a force multiplier for climate actions.
TradeTech could overhaul and enhance how countries exchange goods and would benefit both businesses and consumers. But, for now, policy barriers remain.