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Global foreign direct investment falls 49% in first half of 2020

The biggest drops occurred in developed countries, cutting across all major forms of foreign direct investment. Global foreign direct investment (FDI) flows fell 49% in the first half of 2020 compared to 2019, due to the economic fallout from COVID-19, reveals UNCTAD’s latest Global Investment Trends Monitor released on 27 October. In the wake of the pandemic, […]

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$3.5bn in direct foreign investment approved in 2018

Head of Organization for investment Economic and Technical Assistance of Iran Ahmad Jamali, in an interview with the Islamic Republic News Agency (IRNA), said, ‘Since mid-2015, we have witnessed the presence of foreign delegations in our country, which has resulted in a large number of foreign companies willing to invest.’ He said that after the […]

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Global trade shows frail recovery in third quarter, but outlook remains uncertain

Global trade recorded a 5% drop in the third quarter of 2020 compared with the same period last year, according UNCTAD’s new Global Trade Update published on 21 October. This marks an improvement on the 19% year-on-year plunge recorded in the second quarter, and UNCTAD expects the frail recovery to continue in the fourth quarter, with a […]

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THIRTY FOURTH SESSION OF THE COMCEC

In this regard, the Iranian delegation headed by Mohammad Khazaee, Vice Minister and President of the Organization for Investment, Economic and Technical Assistance of Iran (OIETAI), took part at the said event. The purpose of this meeting was deliberation of potential fields of cooperation and promotion of Economic and Commercial Cooperation among the Islamic countries. Following […]

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