November 23, 2024 09:36 (IST)
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Overseas investment falling, developing countries largely unscathed: UN trade agency

Overseas investment falling, developing countries largely unscathed: UN trade agency

New York, Oct 16 (IBNS): Foreign direct investment (FDI) has dropped 40 per cent year-on-year so far, the UN Conference on Trade and Development (UNCTAD) said on Monday, but the $470 million decline is happening mainly in wealthy, industrialized nations, especially in North America and Western Europe.