Dear Colleagues,
I am pleased to inform you that the Joint
ACP-UNCTAD Guiding Principles for Investment Policymaking
has been approved by the ACP Committee of Ambassadors in Brussels.
The non-binding Principles were jointly developed by the UNCTAD and the
ACP Secretariats after consultation with ACP Members States and regional
organizations. The Joint Principles draw on UNCTAD's Core Principles set
out in UNCTAD’s
Investment Policy Framework for Sustainable Development
and build on key ACP policy documents,
notably the Georgetown Agreement establishing the African, Caribbean and
Pacific Group of States, the Declaration of the 8th Summit of ACP Heads
of State and Government of the ACP Group of States, the Strategic Framework
for ACP Private Sector Development. The
Joint ACP-UNCTAD Principles reflect 79 ACP countries' priorities for national
and international investment policymaking, and support of existing ACP
initiatives.
The non-binding Principles provide guidance for investment policymaking
with a view to:
· promoting inclusive economic growth
and sustainable development;
· promoting coherence in national and international investment policymaking;
· fostering an open, transparent and conducive global policy environment
for investment; and
· aligning investment promotion and facilitation policies with sustainable
development goals.
The Joint ACP-UNCTAD Principles come at a time when countries are re-orienting
their national and international investment policies in line with today’s
sustainable development imperative (see 2017 World Investment Report).
Recent developments in national and international investment policies will
be discussed during the 12 September session of UNCTAD’s Trade
and Development Board, Palais
des Nations, Geneva as well as during UNCTAD's Annual
International Investment Agreements (IIA) Conference, 9-11 October 2017,
Palais des Nations, Geneva.
With kind regards,
James Zhan
Director, Investment
and Enterprise
United Nations Conference on Trade and Development
http://www.worldinvestmentreport.org/
investmentpolicyhub.unctad.org
____
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