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Unctad highlighted challenges of foreign investment

Abu Dhabi, Oct 19 (Prensa Latina) The Secretary General of Unctad, Rebeca Grynspan, highlighted among the challenges posed today by attracting investments, the reduction of risks, the creation of capacities and the reform of international financial structures.

At the eighth World Investment Forum, until October 20, the head of the United Nations Conference on Trade and Development (Unctad) stressed that the solutions to these challenges require the unity of the countries.

Together with the support of international institutions, which could boost learning and help chart a path that benefits everyone.

During the meeting, the investment ministers and participating companies highlighted that the agri-food sector is one of the main priorities for global investment.

The sector currently faces an annual deficit of four trillion dollars (three millions of millions) in financial contributions, mainly in developing countries, an issue that would affect compliance with the Sustainable Development Goals.

Furthermore, they highlighted the role of investments in improving food security and preserving biodiversity.

Among the obstacles identified in the debates are high debt levels and international political volatility.

However, they reached consensus on the importance of fostering a business-friendly environment, attracting environmentally responsible investments, and establishing strategic partnerships between the public and private sectors.

Furthermore, the need to invest in transformative and sustainable technologies as a crucial element for a paradigm shift in global food security and environmental sustainability.

An issue that involves accelerating the transition to renewable energies, taking advantage of green technologies and promoting favorable business environments.