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Dear Colleagues, 
It is my pleasure to share with you an important update of UNCTAD's Global 
Action Menu for Investment Facilitation, incorporating feedback from 
extensive multi-stakeholder consultations and intergovernmental processes, 
including endorsement by policymakers, as received at the UNCTAD 14th 
Ministerial Conference and the Fifth World Investment Forum (WIF), held in 
Nairobi, Kenya, in July 2016. 
Although facilitating investment is crucial for growth and sustainable 
development, to date, national and international investment policies have 
not paid enough attention to investment facilitation. To improve that, 
UNCTAD has launched its Global Action Menu for Investment Facilitation. It 
is based on the organization's rich experience with investment promotion 
and facilitation efforts worldwide over the past decades, on the 2012 
edition of UNCTAD's Investment Policy Framework for Sustainable 
Development, and on UNCTAD's 2014 SDG Investment Action Plan. 
The Action Menu was first presented to the investment community in January 
2016. Following an initial consultation process on the Investment Policy 
Hub, an upgraded version of the Action Menu was officially launched in 
June 2016 as part of UNCTAD's World Investment Report (WIR), resulting in 
media coverage in over 100 countries. The subsequent WIF, which convened 
over 3'000 investment stakeholders from more than 150 countries, provided 
a platform for disseminating, field-testing and further improving the 
Action Menu.   
At the WIF, the Action Menu benefitted from substantive inputs and 
comments from a multitude of investment-development stakeholders, 
including high-level policymakers from developing, developed and 
transition economies, the private sector and intergovernmental 
organizations. Ministers, heads of investment promotion agencies (IPAs), 
investment treaty negotiators, and other investment stakeholders all 
supported the initiative and requested UNCTAD to further develop policy 
advice, technical assistance and global consensus building activity in the 
area of investment facilitation. This mandate is clearly reflected in the 
outcome of the UNCTAD 14th Ministerial Conference. 
UNCTAD's Global Action Menu for Investment Facilitation is now set to 
establish itself as an important instrument for governments worldwide for 
their national and international policy needs. 
Best regards, 
James X. Zhan 
Director, Investment & Enterprise 
Team Leader, World Investment Report 
United Nations Conference on Trade & Development 
Palais des Nations, Geneva 
www.unctad.org/diae 
www.unctad.org/wir (World Investment Reports) 

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