Dear Members of the World Investment Network, 

It is my pleasure to share with you the ninth Joint UNCTAD-OECD report on 
G20 members' investment policy measures. The report finds that G20 members 
have continued to honour their pledge not to introduce new restrictive 
policies for international investment. However, policymakers should be 
aware that FDI may not only be limited through formal policy changes, but 
also through individual administrative decisions and informal public 
signals that are beyond the scope of this report.

More specifically, the joint report finds that the great majority of 
investment policy measures went into the direction of eliminating 
restrictions and facilitating international investment, echoing findings 
of earlier reports on G-20 investment measures. 

During the reporting period running from October 2012 to May 2013 the 
following measures were adopted:
Nine countries – Australia, Brazil, Canada, China, India, the Republic of 
Korea, the Russian Federation, South Africa and the United States – 
amended their investment-specific policies;
Six G20 members concluded four bilateral investment treaties (BITs) and 
two other international investment agreements (IIAs).

Formal policy changes captured by this report are not the only way in 
which governments influence – and at times discourage – FDI. Individual 
administrative decisions with regard to specific foreign investment 
projects (such as screening and monitoring procedures) and informal public 
signals may also have a chilling effect on specific investment projects. 
G20 Leaders should therefore bear in mind that the rather encouraging 
findings in this report do not mean that the risk of investment 
protectionism has disappeared. 

This joint UNCTAD-OECD Report is published in preparation of the G-20 
Summit in St. Petersburg in September 2013. It is part of the 
WTO-UNCTAD-OECD Report on monitoring trade and investment measures adopted 
by the G20 members.

                        * * *
In-depth analysis of overall investment policy developments, both at the 
national and international levels, will be available in UNCTAD's 2013 
World Investment Report (WIR), to be launched globally on 26th June. The 
report will also present recent global and regional investment trends. The 
theme of the report is "Global value chains: investment and trade for 

    James Zhan 
    Investment & Enterprise Division 
    United Nations Conference on Trade & Development 
    Palais des Nations, Geneva 
    Tel: +41 22 9175797 (World Investment Reports)