In today’s globalized economy, international investment matters now more than ever. With recent events such as the Greek government debt crisis and the development of the Brexit movement, all eyes are on the European Union. Despite the controversial aura that surrounds these events, the European Union still proves to be an attractive opportunity for investors around the world. One of the biggest advantages with the European Union is that “the investment policy of the EU is tilted more towards providing investors with a kind of stability and legal certainty coupled with an environment conductive to carry out business and in accordance with the international rules.” The European Union has proven itself to be an international hotspot for foreign direct investment (FDI).
As one can recall, foreign direct investment is when businesses or individual’s setup or buy a company abroad. Impressively, the European Union “is both the largest provider and destination of FDI in the world, measured by stocks and flows.” Statistics show that international investments into the European Union are worth €5.4 trillion and directly support 7.6 million jobs within the economic community. On top of this, European Union investors abroad are worth about €6.9 trillion and support and additional 14.4 million jobs abroad. This is why international investment matters so much. Join Global Chamber Denver on August 29th and 30th to meet and discuss the next step for U.S. trade with the European Union.