The text negotiations for an Investment Facilitation for Development (IFD) Agreement, participated by almost 120 WTO Members, have concluded in July 2023. The participants aim to announce this new agreement and make the final text publicly available at MC13. The Agreement seeks to help Members improve investment climate and facilitate FDI flows, particularly to developing and least developed country (LDC) Members, in the interest of fostering sustainable and inclusive development. This new Agreement, with development at its center, also contributes to creating a fairer trading system that works for all countries.

The workshop aims to raise awareness of the IFD Agreement by highlighting the objectives and key pillars of the Agreement. It will discuss benefits that the Agreement can bring to the WTO Members, and how countries can make best use of the Agreement to enhance their business climate, attract sustainable investment and boost economic growth and inclusive development. The workshop will also discuss technical assistance support to countries in anchoring domestic reforms, conducting investment facilitation assessments and implementing the IFD Agreement.

The workshop will be conducted in English.