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and the challenges now faced by the<br />
West. This debate also counted on<br />
the participation of Linar Yakupov,<br />
CEO of TIDA, Tatarstan, Russia.<br />
The panellists underscored the sound<br />
fiscal positions of their countries,<br />
budgetary surpluses in Brazil<br />
and conservative fiscal policies in<br />
Indonesia, and the Debt to GDP ratio<br />
of Russia, which ranked the lowest<br />
amongst the BRICs. H.E. Alessandro<br />
Teixeira spoke on his double-capacity<br />
as <strong>WAIPA</strong> President and Deputy<br />
Minister of Development, Industry<br />
and Foreign Trade of Brazil.<br />
GIZ/<strong>WAIPA</strong> WORKSHOP, Nanning, China<br />
October 23, <strong>2011</strong><br />
Late in <strong>2011</strong>, <strong>WAIPA</strong> took part in a<br />
German-funded initiative for regional<br />
cooperation in South-East Asia in<br />
the field of Investment Promotion.<br />
<strong>WAIPA</strong> was represented by its East<br />
and South East Asia Board, and its<br />
Permanent Secretariat. The GIZ<br />
Workshop, named “Investment<br />
Promotion: International Experience<br />
& Best Practices” was opened by<br />
GIZ Deputy Country Director Jürgen<br />
Steiger. Zhang Yingxin, then <strong>WAIPA</strong><br />
Director for East and South-East<br />
Asia and Deputy Director at CIPA<br />
MOFCOM, presented a case on<br />
investment promotion experienced<br />
by China’s Jiang Su Province. Ms.<br />
Yingxin’s presentation highlighted the<br />
importance of carefully considering<br />
supply chain-related aspects in an<br />
investment promotion strategy.<br />
<strong>WAIPA</strong> Executive Director, Carlos<br />
Bronzatto reviewed - in a structured<br />
way - the four core functions typically<br />
identified in an IPA’s work, and<br />
pointed out how these functions are<br />
often distributed within different IPAs’<br />
organizational structures. Besides<br />
the presence of the China Investment<br />
Promotion Agency (CIPA), officers<br />
involved in FDI promotion from<br />
South-East Asian nations as Vietnam,<br />
the Philippines and Laos were also<br />
present in the event. This was the<br />
first training initiative with <strong>WAIPA</strong><br />
focused on Asian countries’ IPAs, in<br />
cooperation with CIPA and GIZ.<br />
<strong>WAIPA</strong> <strong>Report</strong> of Activities <strong>2011</strong>-2012<br />
33
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