News

A significant dichotomy in national investment policymaking was observed during the review period (June-October 2012). With regard to international investment policies, the trend towards more regional international investment agreements (IIAs) continued.

Dr. Luis Humberto Guzmán, President of the Nicaragua National Institute for the Promotion of Competition (Procompetencia)  has requested UNCTAD to undertake a peer review of Nicaragua's competition policy and law number 601 of 2008. ​

The Chairman of the Ukraine Antimonopoly Committee, Dr. Vyssel Tshonko, has submitted to UNCTAD Secretary-General Supachai Panitchpakdi a formal request for a peer review of Ukraine's competition law and policy.

A group of experts on competition policy has discussed the peer reviews of the competition laws and policies in three African countries and Mongolia, and has recommended that UNCTAD carry out a proposed technical assistance programme to follow up on progress already made in the field.

UNCTAD signed a Memorandum of Understanding (MoU) with the Bulgarian Competition Authority - Commission on Protection of Competition (CPC). The MoU took effect on the day of the signing and is aimed at strengthening the framework of cooperation between the CPC and UNCTAD through consultations and regular capacity building activities extended to Balkan countries.

UNCTAD will be hosting a number of expert meetings next week to discuss the role of competition policy in promoting economic development and cooperation. The organization is the United Nations focal point on all work related to competition and consumer policies.

Delegates from the 12 member countries of COMPAL gathered in Lima, Peru from 20 to 22 June 2012 in order to review the progress made in all COMPAL projects and to agree the activities for the last year of COMPAL II, ending June 2013.