On Sunday 25 February, trade ministers representing 123 member countries of the World Trade Organization (WTO) – including the European Union – published their agreement on Investment Facilitation for Development (IFD). The text of the agreement had been finalised in November 2023, but it was made public on the eve of the 13th WTO Ministerial Conference (MC13) in Abu Dhabi.
In order for it to come into force for the signatory countries, the agreement must be ratified by the rest of...