Working Group on the Relationship between Trade and Investment - Communication from Singapore - Agenda Item B: The Economic Relationship Between Trade and Investment: Investment Promotion and Incentives

World Trade Organization WT/WGTI/W/99 13 March 2001 (01-1207) Working Group on the Relationship between Trade and Investment Original: English COMMUNICAtiON FROM SINGAPORE Reproduced hereunder is a statement delivered by the representative of the Permanent Mission of Singapore at the 7 and 8 March meeting of the Working Group on the Relationship between Trade and Investment. _______________ Agenda Item B: The economic relationship between trade and investment Investment Promotion and Incentives Introduction Thank you, Mr. Chairman, for the introduction to this item. We, too, recall that a proposal has been made at previous meetings for the Secretariat to prepare a study on the applicability of the Agreement on Subsidies and Countervailing Measures to investment incentives and it was agreed that the Working Group would revisit this issue. Our delegation has given further thoughts to the proposal and like some other delegations, we remain