Establishing beneficial policies for foreign investment

Providing incentives to foreign private investment
Bias against exports and in favour of inefficient import substitution should be removed and policies established that allow nations to benefit fully from flow of foreign investment, within the framework of national, social, economic and developmental goals.
This strategy features in the framework of Agenda 21 as formulated at UNCED (Rio de Janeiro, 1992), now coordinated by the United Nations Commission on Sustainable Development and implemented through national and local authorities.
Type Classification:
D: Detailed strategies
Related UN Sustainable Development Goals:
GOAL 8: Decent Work and Economic GrowthGOAL 16: Peace and Justice Strong Institutions