The leaders of the G20, which comprises the world’s largest economies, committed to resist protectionism and promote global trade and investment at summits in November 2008, in April 2009 and again in September 2009. They mandated WTO, OECD and UNCTAD – the leading international organisations in the area of international trade and investment policies – to monitor policy developments and report publicly on these commitments.
“There are still many risks to the global economic recovery, so it’s encouraging that G20 countries have kept their markets open for foreign investment. But they must resist calls for trade protectionism if they want to keep the recovery on track.”
Under its Freedom of Investment process, the OECD has stepped up monitoring of investment policies and issues regular reports on investment measures in the 50 economies that participate in the process:
