International investment agreements continue to serve as key policy tool for attracting investment and benefiting from it, UNCTAD Report says

Despite the global financial and economic crisis, countries continue to rely on the conclusion of international investment agreements (IIAs) as a means of promoting foreign investment and attendant benefits, UNCTAD's latest IIA (International Investment Agreement) Monitor reports. The first six months of 2009 saw the conclusion of 25 bilateral investment treaties (BITs) and six other international agreements with investment provisions - a development that further strengthens and expands the current international investment regime. This is line with the last year's trend, ...