unctad.org | Commission on Investment, Technology and Related Financial Issues, Seventh session
Commission on Investment, Technology and Related Financial Issues, Seventh session
20 - 24 January 2003

Key Issues

The Commission´s work is aimed at identifying which national policies are the most important for increasing the benefits from foreign direct investment (FDI). Many countries are engaging in fierce competition to attract FDI, especially since, after a decade of steady and strong growth, FDI flows dropped sharply in 2001, in the wake of the world economic slowdown. These countries have used various policies and measures to attract and increase benefits from FDI, from targeted promotion policies to incentives and performance requirements, as well as measures to support the enterprise sector. Many of these measures, however, are subject to new international rules in the framework of multilateral agreements, such as the WTO Agreements on trade-related investment measures (TRIMs) and on subsidies and countervailing measures, or other regional or bilateral agreements. While some of these agreements are subject to further review, the challenge for policy makers is to deepen their understanding of what policies and policy tools are most important from a development perspective, how international rules in the area of investment would affect them, and what commitments can be sought from home countries and transnational corporations (TNCs) to support national development objectives. In particular, the concept of the right to regulate in order to protect public interest and development objectives in the context of international investment agreements needs to be further elaborated, as do the linkages between different international agreements and their effect on this right to regulate.



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(TD/B/COM.2/45) - 08/12/2002 - 5 Pages - 32 KB
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(TD/B/COM.2/INF.7) - 02/02/2003 - 10 Pages - 52 KB
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(TD/B/COM.2/43) - 03/12/2002 - 7 Pages - 36 KB
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(TD/B/COM.2/L.19) - 29/01/2003 - 2 Pages - 21 KB
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Investment Policy Review of Lesotho

Further to the notification of 17 December 2002, it should be noted that, at the request of the Government of Lesotho, the Investment Policy Review of Lesotho will now be taken up on 24 April 2003, back to back with the Trade Policy Review of the Southern African Customs Union, to be held at the WTO on 23 April 2003, in order to allow member States to consider having their representatives attend both events.

The Investment Policy Review of Lesotho will take place in Room XXVI of the Palais des Nations, Geneva, from 10 a.m. to 1 p.m. on 24 April 2003. The programme will consist of a presentation of the Investment Policy Review by the UNCTAD secretariat, a policy statement by a high-level representative of the Government of Lesotho, comments by delegations and representatives of the private sector, and a general discussion.

Advance copies of the Investment Policy Review of Lesotho and further information may be obtained from the coordinator in the Division on Investment, Technology and Enterprise Development, UNCTAD, Palais des Nations, CH-1211 Geneva 10: Ms. Lena Chia (fax: +41(0)22 917 0197, tel: +41(0)22 917 5848). The e-mail: lena.chia@unctad.org

Rubens Ricupero
Secretary-General of UNCTAD
15 January 2003

The seventh session of the Commission on Investment, Technology and Related Financial Issues will be held from 20 to 24 January 2003 at the Palais des Nations, Geneva. It will be opened at 10 a.m. on Monday, 20 January 2003. Documents concerning this session of the Commission and other UNCTAD meetings can be found on the UNCTAD website (www.unctad.org).

The provisional agenda for the seventh session of the Commission will be circulated as document TD/B/COM.2/43. At its seventh session, the Commission will consider three substantive items and the reports of related subsidiary bodies. The substantive items are: "Policy issues related to investment and development" (item 3); "Issues related to investment arrangements" (item 4); and "Investment policy reviews: exchange of national experiences" (item 5).

Membership of the Commission is open to all States members of UNCTAD. States members of UNCTAD wishing to attend the session are requested to provide the Secretary-General of UNCTAD with the credentials of their representatives and the names of their alternate representatives and advisers by 30 December 2002. States that are not members of the Commission are entitled to be represented by observers. Other participants (i.e. the specialized agencies and intergovernmental bodies, as well as non-governmental organizations in the General and Special Categories wishing to participate as observers) are requested to indicate the names of their representatives by the same date.

Upon arrival, participants are requested, before entering the Palais des Nations, to collect their badges at the UN Security Service, Villa Les Feuillantines, 13, Avenue de la Paix (close to the main entrance to the Palais on the Place des Nations, on the opposite side of the road). The Security Service is open from 8 a.m. to 5 p.m. (non-stop). It is advisable to arrive by 9 a.m. to complete procedures and reach the session in good time. Walking from Villa Les Feuillantines to the E-Building (Bâtiment E) of the Palais takes about 10 minutes. Participants are advised to carry a passport or similar identification document with them.

Communications concerning representation should be sent to the UNCTAD secretariat, Intergovernmental Support Service, Palais des Nations, CH-1211 Geneva 10 (fax: + 41 (0)22 917 0056; e-mail: correspondence@unctad.org).

All enquiries should be addressed to the substantive officers concerned: Item 3 (Ms. Anh Nga Tran-Nguyen, tel: +41(0)22 917 5943; fax: +41(0)22 917 0122; e-mail: anh-nga.tran-nguyen@unctad.org); and Items 4 and 5 (Mr. Khalil Hamdani, tel: +41(0)22 917 6288; fax: +41(0)22 917 0197; e-mail: khalil.hamdani@unctad.org)


Rubens Ricupero
Secretary-General of UNCTAD
17 December 2002


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