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This self-assessment report looks at South Africa's investment regime in the light of the OECD Codes of Liberalisation and the principle of National Treatment.
The Code of Liberalisation of Capital Movements and the Code of Liberalisation of Current Invisible Operations constitute legally binding rules, stipulating progressive, non-discriminatory liberalisation of capital movements, the right of establishment and current invisible transactions (mostly services). All non-conforming measures must be listed in country reservations against the Codes.
South African concessional finance for development reached USD 149 million in 2013, compared to USD 189 million in 2012 (OECD estimates). Measured in South African rand, its development co‑operation actually increased between 2012 and 2013; the decrease in USD is related to exchange rate fluctuations.
In 2013, Qatar’s development co‑operation amounted to USD 486 million in 2012, compared to USD 684 million in 2011 (OECD estimates). Qatar channelled 1% of its development co-operation through multilateral institutions.
Mexico published figures on its development co-operation programme for the first time in 2014. According to these figures, Mexico’s concessional finance for development reached USD 277 million in 2012, up from USD 269 million in 2011.
In 2012, Indonesia’s development co-operation amounted to an estimated USD 19 million, compared to USD 7 million in 2011 (OECD estimates). USD 16 million (86%) was channelled through multilateral organisations.
According to OECD estimates, Colombia’s concessional finance for development reached USD 87 million in 2012, compared to USD 22 million in 2011 (OECD estimates). Most of these flows were channelled to and through multilateral organisations. In 2012, Colombia’s contributions through multilateral organisations that would qualify as ODA amounted to USD 78 million, up from USD 21 million in 2011 (OECD estimate).
In 2013, China’s bilateral co-operation reached USD 3.1 billion, compared to USD 2.6 billion in 2012 (OECD estimates). Including developmental funds channelled through multilateral organisations, the OECD estimates that China’s total concessional finance for development reached USD 2.8 billion in 2012.
According to OECD estimates, Chile’s concessional finance for development reached USD 42 million in 2012 (OECD estimate). Chile’s contributions through multilateral organisations that would qualify as ODA amounted to USD 31 million, or 74%.
In 2013, Brazil published a report on its 2010 development co-operation programme (Ipea and ABC, 2013). Based on that report, the OECD estimates that USD 500 million of Brazil’s international co‑operation would meet the criteria for ODA.