G20 members not raising barriers to investment, joint UNCTAD-OECD report says

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Respecting commitments made at their Hangzhou summit in September, G20 members are not raising new barriers to investment, according to a joint report released on Thursday by UNCTAD and the OECD.

Boosting foreign investment is seen as an important means to revive a stagnant global economy.

“Our report shows that in general fears of new protectionism are not emerging, and we see more measures to promote foreign investment instead,” James Zhan, Director of UNCTAD’s Investment and Enterprise Division, said.

According to the report, nine G20 Members introduced policy measures on foreign direct investment (FDI) for the period mid-May to mid-October 2016.