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Phase 2 of IIA Reform

Sustainable development-oriented IIA reform has made significant progress, with many countries now following UNCTAD’s Road Map for IIA Reform (phase 1 of IIA reform). However, much work remains to be done to modernize the existing stock of “old-generation” IIAs (phase 2 of IIA reform). The World Investment Report 2017 sets out and discusses 10 options to reform old-generation treaties that countries can adapt and adopt in line with their specific reform objectives.

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UNCTAD's policy tools for IIA reform: