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Thursday, April 25, 2024

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IsDB, ICIEC and UNCTAD reveal non-binding guiding principles for investment policymaking in IsDB member countries

GLOBAL: The IsDB, the Islamic Corporation for the Investment of Insurance and Export Credit (ICIEC) and the United Nations Conference on Trade and Development (UNCTAD) have issued a set of non-binding guiding principles for investment policymaking to help develop a coherent, consciously designed and consolidated approach toward investment policymaking in IsDB member countries. The guiding principles will provide guidance to, among others, promote inclusive economic growth and sustainable development as well as promote coherence in national and international investment policymaking, according to an official statement.

The guiding principles were developed as part of the joint UNCTAD–IsDB program on investment promotion and international investment policies.

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