WTO – The Diplomatic Envoy

Luisa Chainferber November 17, 2020November 16, 2020 0 Comments WTO, pandemic, FDI, UN

Foreign Direct Investment Decreases by Half in 2020 as a Ripple Effect of the Pandemic

The United Nations (UN) announced that foreign direct investment (FDI) flows fell by about 49 percent in the first half of this year, reports the Economic Times. It is predicted that by the end of the year, there will be a total fall of 40 percent relative to 2019 levels. It is also the first time that FDI flows turned negative for European countries.

International News U.S.2018 Europe

Axel Sontgerath December 3, 2018April 1, 2019 0 Comments E.U., WTO, International Trade

European Union sends reform proposals for WTO, in hopes to break U.S deadlock.

The European Commission released a press statement calling for “concrete changes” to break the current deadlock in the World Trade Organization (WTO) Appellate Body. The statement announced that the proposal would be presented at the meeting of the WTO General Council on December 12.