Towards More Sustainable Investment Frameworks Evaluating the Feasibility of Sustainable Investment Facilitation Agreements with Southern Neighbourhood Countries
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 171 |
Release | : 2024-07-31 |
ISBN-10 | : 9789264989511 |
ISBN-13 | : 926498951X |
Rating | : 4/5 (11 Downloads) |
Book excerpt: A comprehensive investment facilitation framework is necessary to create favourable conditions for foreign direct investment (FDI) to contribute to host economies’ inclusive and sustainable growth. This report analyses investment facilitation frameworks in five selected Southern Neighbourhood countries (Algeria, Egypt, Jordan, Morocco and Tunisia), benchmarked against key standards enshrined in the Sustainable Investment Facilitation Agreement (SIFA) signed between the European Union (EU) and Angola in late 2023. This report informs the EU and interested partners of the region on the potential of future SIFA negotiations with the EU with a view to improve local investment climates and promote mutually beneficial investments.