Home Current Affair December 2020 Invest India won UNCTAD 2020 Award

Invest India won UNCTAD 2020 Award

  • Invest India won the 2020 United Nations Investment Promotion (UNCTAD) Award. The award recognizes and celebrates the outstanding achievements and best practices of Investment Promotion Agencies (IPAs) across the globe. The award ceremony was held at Geneva, Switzerland (UNCTAD Headquarters) on 7th December.
  • Highlights,
    - UNCTAD reported best practices from Investment Promotion Agencies in the IPA Observer publications in April and July 2020.
    - It also highlights good practices followed by Invest India, such as the Business Immunity Platform, Exclusive Investment Forum webinar series, its social media engagement, and focus COVID response teams.
    - Invest India has also shared long-term strategies and practices being followed for investment promotion, facilitation, and retention at UNCTAD’s high-level brainstorming sessions.
  • About UNCTAD,
    - The United Nations Investment Promotion Award (UNCTAD) is the most coveted award for Investment Promotion Agencies.
    - It is a central agency that monitors the performance of IPAs and identifies global best practices.
    - Germany, South Korea, and Singapore have been some of the past winners of the award.
    - MD & CEO of UNCTAD is Mr. Deepak Bagla
    source: pib

Published On : 08 Dec 2020

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