argomento: News del mese - Diritto Internazionale e Comunitario

Articoli Correlati: WTO - small economies - foreign investments

On November 2^nd, 2020, WTO members and some international organizations held a meeting of the Committee on Trade and Development in order to discuss new and emerging issues on small economies underlining the need for those economies to gain foreign investments, specifically after the Covid-19 outbreak. In particular, during the meeting, there was the chance to listen to the enhanced strategies by El Salvador, Guatemala and Saint Lucia to attract foreign investments (FDI – foreign direct investment) and diversify their economy. One of the issues they pointed out was related to the improvement of the predictability of the investments outcome. Some participants focused on the need to implement the WTO’s Trade Facilitation Agreement (TFA). The United States put the stress on the joint communication by Australia, Brazil, Colombia, Japan and the United States on accelerating implementation of the Agreement in light of the COVID-19 crisis to help economies gain access to essential products.