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ANNUAL REPORT 2021
STRATEGIC OBJECTIVE 4
Inclusive economic development COUNTRIES OR TERRITORIES WITH PROGRAMMES IN SUPPORT OF STRATEGIC OBJECTIVE 4 Armenia Ethiopia Gambia Jordan Kenya Kyrgyzstan Liberia Malawi Moldova Mongolia Montenegro Rwanda Serbia Somalia Tajikistan Uganda Ukraine Uzbekistan West Bank and Gaza
The economic devastation unleashed by COVID-19 will require years to repair. It has taken an enormous toll on international trade, leading to volatility in commodity prices, disruptions in regional and global value chains, and an explosion of bankruptcies and commercial disputes. At the same time, foreign direct investment flows continue to decline precipitously, especially in least developed countries (LDCs). Countries and whole industries need to prepare for a changed landscape for commerce and economic development. IDLO’s mission has always been to support developing countries to promote inclusive and sustainable economies through the rule of law. The pandemic has renewed the urgency of this work. IDLO assists countries to develop legal frameworks for inclusive recovery and growth, to enforce commercial and economic laws, and to resolve commercial disputes. IDLO partnerships with LDCs help level the global playing field through strengthened capacities to negotiate and implement fair and sustainable international investment agreements and investment contracts.
