CURRENT AFFAIRS

Detailed explanation-1: -This World Investment Report provides an overview of the global SEZ landscape and offers advice on how to respond to fundamental challenges for zones posed by the sustainable development imperative, the new industrial revolution and changing patterns of international production.

Detailed explanation-2: -UNCTAD Reports The report focuses on trends in Foreign Direct Investment (FDI) worldwide and emerging measures to improve its contribution to development. Global FDI decreased by up to 40% in 2020. It is projected to decrease by a further 5% to 10% in 2021.

Detailed explanation-3: -Investment in India rose by 6% to USD 42 billion with strong inflows in manufacturing, communication, financial services and cross-border merger and acquisition activities. However, India’s rank as a source country for FDI fell one notch to the 10th position as it was overtaken by Spain.

Detailed explanation-4: -The United States took the leadership position as the largest recipient of foreign direct investment in 2019 and consolidated that position in 2020, mainly driven by higher direct investments from Japan, Germany, and the Netherlands.