Global FDI recovery derails24 Jan - Global foreign direct investment declined by 18 per cent in 2012 - a level close to the trough reached in 2009 - due mainly to macroeconomic fragility and policy uncertainty for investors. World commercial services exports swung into decline in the third quarter of 201222 Jan - According to preliminary estimates by the WTO and UNCTAD, in the third quarter of 2012, world exports of commercial services shrank by 2 %, as compared with the same quarter last year. Preliminary figures (balance-of-payments basis, current prices) indicate the sharp drop in services exports in Europe (-7%), while the services trade growth also slowed, but remained positive in North America (2%) and Asia and Oceania (4%). Sixteenth Colombian member expands Vi affiliate network to 32 institutions03 Jan - UNCTAD's Virtual Institute (Vi) welcomed the sixteenth Colombian university to the network on 4 December. The admission of Universidad de Santo Tomás, from the city of Bucaramanga, has expanded the Vi affiliate network to 32 institutions. Colombia is the country with the highest representation in UNCTAD's programme for academic cooperation. UNCTAD and ASEAN identify critical issues in harmonizing e-commerce laws26 Dec - Senior Southeast Asian officials assessed cyber-legislation and made recommendations for the harmonization of e-commerce laws at a joint ASEAN/UNCTAD workshop held in Cebu, the Philippines, on 10 and 11 November 2012. The outcome was reported to the twelfth ASEAN Telecommunications Senior Officials’ Meeting (TELSOM). UNCTAD acknowledges admission of South Sudan as forty-ninth LDC20 Dec - On 18 December 2012, the General Assembly added South Sudan to the list of Least Developed Countries (LDCs). LDC status was established in 1971, under the auspices of UNCTAD, as a vehicle for international attention to the most structurally disadvantaged countries. |
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