Department of State releases its 2018 Investment Climate Statement

Photo by: U.S. Department of State (IIP Bureau)

Department of State releases its 2018 Investment Climate Statement

On July 19th, the Department of State released its Investment Climate Statements for 2018. Economic officers stationed at U.S. embassies and diplomatic missions around the world prepare these annual reports analyzing 170 foreign markets to help U.S. companies make informed business decisions about foreign markets. The reports survey Openness to Foreign Investment, Legal Regimes and Transparency, Industrial Policies, Protection of Real and Intellectual Property Rights, State-Owned Enterprises, Responsible Business Conduct, Corruption, and Political and Security Environments.

This year’s Investment Climate Statements feature a new, streamlined format to help companies more easily access information about countries that have implemented business-friendly reforms, export opportunities around the world, as well as new and ongoing market barriers.

As Secretary Pompeo stated in his June 18th remarks on America’s economic revival, helping American companies have the opportunity to succeed around the world by ensuring markets are open and breaking down barriers is a cornerstone of economic diplomacy. The Investment Climate Statements support this objective by highlighting local reforms that level the playing field and informing U.S. businesses as they seek to grow in new markets.

These statements also serve as a point of reference for foreign governments as they seek to develop more robust, international private sectors.

The reports can be viewed at the U.S. Department of State – Investment Climate Statements website.

You can find the report on Bosnia under our additional resources category below.