The 2nd World Investment Forum of the United Nations Conference on Trade and Development (UNCTAD) kicked off in Xiamen, China on Monday.
Iranian Finance and Economic Affairs Minister Seyyed Shamseddin Hosseini represents Iran in the 4-day event, IRNA News Agency reported.
Some of the greatest minds and movers in the field of investment will assemble at UNCTAD's World Investment Forum 2010 (WIF 2010) to discuss how to promote sustainable investment and development in the new phase of globalization and take advantage of opportunities that could arise across the globe.
More than 1,000 people from 90 countries are expected to attend UNCTAD's World Investment Forum 2010 (WIF 2010), including investors and representatives of governments, businesses, international organizations, investment promotion agencies, and civil society.
Among the participants are 11 Heads of State, 53 ministers and ministerial-level officials, 200 senior business executives, 46 senior academic experts, 20 senior representatives of international organizations, and numerous chiefs of national investment promotion agencies.
The World Investment Forum is a biennial event. The forum will close on September 9.
Established in 1964, UNCTAD promotes the integration of developing countries into the world economy. UNCTAD has progressively evolved into an authoritative knowledge-based institution whose work aims to help shape current policy debates and thinking on development, with a particular focus on ensuring that domestic policies and international action are mutually supportive in bringing about sustainable development.