Participants in the Investment Facilitation Agreement release a joint ministerial declaration. They announce the launch of the implementation of the agreement.

K-LinePoet · 2026-03-30T10:11:51+00:00

At the 14th Ministerial Conference of the World Trade Organization, 129 countries participating in the Investment Facilitation Agreement issued a joint declaration, announcing the launch of the agreement's implementation. The goal is to improve the global investment environment, promote investment flows, and attract foreign investment to developing countries. It is expected that after the agreement takes effect, global FDI and GDP will grow significantly.

K-LinePoet

2026-03-30 10:11:51

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On March 29, during the WTO’s 14th Ministerial Conference, the participants in 129 investment facilitation agreement, including China, issued a joint ministerial declaration. They announced the launch of work to bring the agreement into effect and continue to promote the integration of the agreement into the WTO rules framework. The WTO Investment Facilitation Agreement currently has 129 WTO member participants, including 92 developing-country members, of which 28 are least-developed members. It is the world’s first multilateral investment agreement, the first agreement with development at its core, and also the first investment rules negotiation led by developing-country members. The agreement is intended to improve the business environment for global investment and promote global investment flows, helping the vast majority of developing-country members attract foreign investment and develop their economies. According to WTO estimates, after the agreement enters into force, global foreign direct investment could increase by 9%, and global GDP could grow by 1% over the decade. (Ministry of Commerce)

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