Governments must avoid investment protectionism
Prepared by the Commission on Trade and Investment Policy and the Commission on Financial Services and Insurance
Publication date : 02/11/2006 | Document Number : 103 – 275
The International Chamber of Commerce (ICC) strongly believes that cross-border investment is essential to sustaining prosperity in developed and developing countries.
While governments of all sovereign
nations reserve the right to regulate, it is critical that they do so in
a manner that does not discriminate against or impede foreign
investment. Some governments have clearly gone too far. ICC deplores
this trend and urges governments in developed and developing countries
to avoid investment protectionism and to uphold their commitments in
word and in practice to welcome market-driven foreign investment.
For further information, please contact
Nicolle GRAUGNARD
Policy Manager, Trade and Investment Policies
Tel:
+33 (0)1 49 53 28 43
nicolle.graugnard@iccwbo.org