April 25, 2016
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Investment promotion cooperation enables cross-border private-sector investment and investor facilitation through national investment agencies.
A framework agreement for Investment Promotion Cooperation establishes bilateral cooperation between national investment promotion agencies to prioritise sectoral investment (including infrastructure, energy, manufacturing, ICT, chemicals, healthcare, logistics and tourism) and to provide investor hand holding. The agreement tasks the domestic investment promotion agency with providing facilitation services to prospective foreign investors to promote private sector cross border investment through agency level implementation and sectoral outreach.