Turkmenistan Implements New WTO Standards to Attract Sustainable Investment
Ashgabat held a seminar, during which representatives of Turkmenistan's ministries and agencies began studying and assessing their needs under the World Trade Organization's Investment Promotion for Development Agreement (IFDA).
The event was organized by the International Trade Centre (ITC) as part of the "Turkmenistan: Trade Sustainability and Integration" project, funded by the European Union.
IFDA: A New Standard for a Green Economy
The IFDA, which was signed in February 2024 by more than 120 WTO members, is an important international instrument. Its key goal is to attract sustainable and high-quality foreign investment by increasing regulatory transparency, making the investment environment predictable, and simplifying administrative procedures.
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