Global FDI flows fell 49% in first half of 2020 due to COVID-19: UNCTAD
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Global FDI flows fell 49% in the first half of 2020 compared to 2019 due to the economic fallout from COVID-19, new trade data from the UN said. UNCTAD's latest Global Investment Trends Monitor released on Tuesday said that in the wake of the pandemic, lockdowns around the world slowed existing investment projects and the prospects of a deep recession led multinational enterprises to reassess new projects.