Global FDI Declines Amid Geopolitical Tensions
Global foreign direct investment (FDI) dropped by 2% last year to $1.3 trillion due to increasing geopolitical tensions and a slowing global economy. Despite the decline, the UNCTAD predicts a modest return to FDI growth in 2024, driven by easing financial conditions and investment facilitation efforts.
![Global FDI Declines Amid Geopolitical Tensions](https://devdiscourse.blob.core.windows.net/aiimagegallery/30_05_2024_08_14_38_9671451.png)
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Global foreign direct investment (FDI) fell by 2% last year to $1.3 trillion, the U.N. trade body said on Thursday, citing increasing geopolitical tensions amid a slowing global economy.
However, the United Nations Conference on Trade and Development (UNCTAD) said a return to modest FDI growth in 2024 was possible, citing "the easing of financial conditions and concerted efforts towards investment facilitation".
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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