World Association of Investment Promotion Agencies

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World Association of Investment Promotion Agencies

The World Association of Investment Promotion Agencies (WAIPA) is an international Non-governmental organization established in 1995 by the United Nations Conference on Trade and Development that acts as a forum for investment promotion agencies (IPA), provides networking and promotes best practice in investment promotion.

The objectives of WAIPA, as reflected in the Association’s Statutes, are to:

  • Promote and develop understanding and cooperation amongst IPAs;
  • Strengthen information gathering systems, promote the efficient use of information and facilitate access to data sources;
  • Share country and regional experiences in attracting foreign investment and enhancing outward investments;
  • Assist IPAs to advocate the promotion of policies, within their government, which are beneficial to increasing foreign direct investment and promoting economic development;
  • Facilitate access to technical assistance and promote training of IPAs.

The Secretariat has been based in Geneva, Switzerland since 1995, but serves its membership in 124 countries.

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