Improvements in regulatory environment for investment
UNCTAD's Investment Policy Monitor found that 25 countries took 36
investment policy measures in the review period (November 2013-February
2014). These measures show a continued move towards improving entry
conditions, reducing restrictions and facilitating foreign investment.
Among the most important policy measures are a liberalisation of the
oil industry in Mexico and the adoption of a new investment law in
Other countries continue to pursue their privatisation programs.
Overall, the extractive industry has been among the most active sector
in terms of investment policy developments in recent years.
Regarding international investment policies, the Monitor found that
10 economies concluded six new international investment agreements (IIAs),
that is five bilateral investment treaties (BITs) and one other IIA. The
move towards regional IIAs continues as several such agreements are
There is a slowdown in the conclusion of BITs and an increase of
treaty-making at regional and inter-regional levels. A scaling-up of
IIAs through 'mega-regionals' occurs in parallel to efforts for change
of (or exit from) the regime by some developing countries.
UNCTAD's Investment Policy Monitor is a regular publication that
provides the international investment community with country-specific,
up-to-date information about the latest development in foreign