Global Economic Statecraft Day: US releases updated investment climate information
Friday, June 15th, 2012 9:49:02 by Fayyaz Yaseen
Global Economic Statecraft Day: US releases updated investment climate information
The United States Department of State today released its Investment Climate Statements for 2012 as part of Global Economic Statecraft Day. These statements contain updated investment climate information compiled by the country’s
missions and posts abroad for approximately 170 economies, with investment-related developments, foreign direct investment data, and rankings from internationally-recognized indices.
This year’s statements showcase many examples of economies improving their investment climates and opening their doors to U.S. investment.
The Investment Climate Statements represent a critical component of US Secretary of State Hillary Clinton’s Economic Statecraft agenda as the country seeks to ensure that U.S. companies can invest on fair terms in overseas markets.
The Investment Climate Statements help identify the barriers and market distortions that too often deter U.S. investment, provide U.S. investors with the information they need to better assess business risks, and serve as a basis
for engaging foreign governments on modernizing investment regimes. U.S. economic growth will increasingly rely on US investors’ ability to compete and win overseas.
Foreign investment is vital to economic growth around the globe, and it is important that the United States encourage foreign governments to embrace stable, predictable, and transparent business climates that promote greater investment.
Investment creates good jobs, increases productivity, and raises living standards. Thus, the country supports for and encourage nondiscriminatory, open, and market-oriented environments for U.S. investment overseas, and the Investment
Climate Statements are an important vehicle to help achieve this goal.
Short URL: https://www.newspakistan.pk/?p=25952
Posted by Fayyaz Yaseen
on Jun 15 2012. Filed under Pakistan, World.
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