February 25, 2024

Three-quarters of members mark finalization of IFD Agreement, request incorporation into WTO

Ministers representing 123 WTO members issued on 25 February a Joint Ministerial Declaration marking the finalization of the Investment Facilitation for Development (IFD) Agreement and made it available to the public. Ministers also issued a submission asking for the 13th WTO Ministerial Conference (MC13), taking place in Abu Dhabi on 26-29 February, to incorporate the IFD 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.

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