L’Initiative conjointe de l’OMC sur la facilitation de l’investissement pour le développement : évolution de la situation depuis 2022 et feuille de route en vue de la CM13
Summary
The document details the current state of the WTO's Joint Statement Initiative on Investment Facilitation for Development, outlining the draft agreement's structure across transparency, administrative simplification, and sustainable investment. It highlights key points of contention, such as the scope of investments covered and the specific timelines for Special and Differential Treatment (S&DT) for developing nations, while proposing a path toward legal integration into the WTO framework.
Key insights
- The draft IFD Agreement aims to improve the investment climate, specifically for developing countries and least-developed countries (LDCs), by increasing transparency, simplifying administrative procedures, and promoting international cooperation to facilitate foreign direct investment (FDI) for sustainable development.
- There is ongoing disagreement regarding the scope of the agreement; while it is confirmed to cover foreign direct investment (FDI), some developed economies seek a broader scope, whereas developing countries and LDCs prefer to exclude portfolio investments, which they view as speculative and short-term.
- The transparency pillar requires members to publish all public policy measures affecting foreign investments, including laws, regulations, and administrative decisions, and encourages the use of a single information portal to provide free access to this data.
- The administrative simplification pillar mandates that authorization procedures be applied in a fair, objective, and impartial manner, requiring authorities to provide indicative timelines for processing and to motivate the rejection of applications.
- The agreement incorporates a Special and Differential Treatment (S&DT) framework based on the Trade Facilitation Agreement model, categorizing obligations into Category A (unconditional), Category B (transition period), and Category C (capacity building and technical assistance).
- To support LDCs and developing countries, the agreement provides 'grace periods' during which no dispute settlement proceedings can be initiated for non-compliance; for LDCs, this period is 6 years for Category A and 8 years for Categories B and C.
- The sustainable investment section encourages investors to voluntarily adhere to international standards for responsible business conduct and requires host states to implement anti-corruption measures based on transparency and integrity.
- Members are debating the creation of an investment facilitation mechanism to manage voluntary contributions from donor members to help developing countries and LDCs with needs assessments and implementation costs.
- Three options are being explored to integrate the IFD Agreement into the WTO legal architecture: as a multilateral instrument in Annex 1 (requiring all 164 members' consent), as a plurilateral initiative in Annex 4 (applying only to signatories), or through coordinated scheduling under existing GATT and GATS agreements.
Cite the original document
- APA
- Jose, R. (2023). L’Initiative conjointe de l’OMC sur la facilitation de l’investissement pour le développement : évolution de la situation depuis 2022 et feuille de route en vue de la CM13. International Institute for Sustainable Development. https://www.iisd.org/system/files/2023-03/joint-initiative-investment-facilitation-mc13-fr.pdf
- Chicago
- Jose, Rashmi. L’Initiative conjointe de l’OMC sur la facilitation de l’investissement pour le développement : évolution de la situation depuis 2022 et feuille de route en vue de la CM13. International Institute for Sustainable Development, 2023. https://www.iisd.org/system/files/2023-03/joint-initiative-investment-facilitation-mc13-fr.pdf.
- Wikipedia
- {{cite report |last1=Jose |first1=Rashmi |title=L’Initiative conjointe de l’OMC sur la facilitation de l’investissement pour le développement : évolution de la situation depuis 2022 et feuille de route en vue de la CM13 |publisher=International Institute for Sustainable Development |date=February 2023 |url=https://www.iisd.org/system/files/2023-03/joint-initiative-investment-facilitation-mc13-fr.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{jose2023linitiative, author = {Jose, Rashmi}, title = {{L’Initiative conjointe de l’OMC sur la facilitation de l’investissement pour le développement : évolution de la situation depuis 2022 et feuille de route en vue de la CM13}}, institution = {International Institute for Sustainable Development}, year = {2023}, month = feb, url = {https://www.iisd.org/system/files/2023-03/joint-initiative-investment-facilitation-mc13-fr.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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