Establishing beneficial policies for foreign investment


  • Providing incentives to foreign private investment

Context

Bias against exports and in favour of inefficient import substitution should be removed and policies established that allow nations to benefit fully from flow of foreign investment, within the framework of national, social, economic and developmental goals.

Implementation

This strategy features in the framework of Agenda 21 as formulated at UNCED (Rio de Janeiro, 1992), now coordinated by the United Nations Commission on Sustainable Development and implemented through national and local authorities.


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