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2/28/24, 10:22 AM Three-quarters of WTO members mark finalisation of IFD Agreement, request incorporation into WTO | Emirates News Agency
Agreement into Annex 4 of the Marrakesh Agreement

Establishing the WTO. Participants represent three-

quarters of the WTO membership, including close to 90

developing economies and 26 least-developed

economies.

The significant milestone in WTO history of finalisation

of the IFD Agreement was marked at a ministerial event

held at the Abu Dhabi National Exhibition Center

(ADNEC) on the eve of the Ministerial Conference. The

text of the Agreement was made available to the public

in the three WTO official languages: English, French and

Spanish.

WTO Director-General Ngozi Okonjo-Iweala highlighted

the importance of the achievement and said, "In the

space of six years, you have moved from preparatory

work to a pioneering Agreement that promises to help

its signatories attract the foreign direct investment they

want to drive growth, productivity gains, job creation,

and integration into global supply chains." She also

emphasised that the IFD Agreement "will contribute to

making the global economy more resilient and

inclusive."

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