This new global union is an effective answer to cross-border investment and the globalization of work.
The action is part of a campaign to force member countries to abandon protectionist measures that prevent cross-border investment.
The first trend is an explosion of cross-border investment.
Some indicators point to an increase in cross-border investment of late.
For now, Indian companies enjoy a lead in cross-border investments.
Six years ago, roughly 10 percent of cross-border direct investment ended up in developing countries.
How has cross-border investment in infrastructure actually been made visible apart from through reports?
Furthermore, appropriate cost sharing principles must be laid down for cross-border investments.
In particular, we need to focus on cross-border investment in renewable energy.
Major cross-border investments in research, for example, will be needed.