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UNCTAD World Investment Report 2019

Last Updated: June 16, 2019

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UNCTAD World Investment Report 2019

UNCTAD World Investment Report 2019

16 June 2019 Current Affairs:

According to the United Nations Conference on Trade and Development (UNCTAD) World Investment Report 2019, India received foreign direct investments (FDI) worth USD 42 billion in 2018.
India attracted over 77% of the total foreign direct investments that came to the South Asian region.
The global FDI slipped by 13% in 2018, to US$1.3 trillion from $1.5 trillion in 2017, the third consecutive annual decline.
India’s rank as a source country for FDI dropped one place to the 10th position as it was overtaken by Spain.
Investment in India rose by 6% to USD 42 billion.
Among others in the South Asian region, FDI flows to Bangladesh and Sri Lanka rose to a record level, to USD 3.6 billion and USD 1.6 billion, respectively, while Pakistan witnessed a 27% decline in investment to USD 2.4 billion.
About UNCTAD:
Established by: United Nations General Assembly in 1964.
Headquarters: Geneva, Switzerland.
It is part of the UN Secretariat.
Purpose: It supports developing countries to access the benefits of a globalized economy more fairly and effectively.

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