Jakarta, May 14 -- As cross-border investment faces increasing barriers and uncertainty, APEC member economies voiced collective support for the Investment Facilitation for Development (IFD) Agreement, calling for its integration into the World Trade Organization (WTO) legal framework.

The agreement seeks to enhance transparency, streamline procedures, and create a more predictable environment for investors, particularly in developing economies, as noted in a release issued by the Committee on Trade and Investment and the Investment Experts' Group, received here on Wednesday.

During the Second APEC Senior Officials' Meeting and Related Meetings in Jeju, the Committee on Trade and Investment and the Investment Experts' Group issued a joi...