Fourteen countries have come together to launch a groundbreaking initiative called the Future Investment and Trade Partnership, or FIT. This new alliance aims to reshape how global trade and investment are approached—promoting an open, rules-based system that responds to today’s economic challenges while fostering inclusive growth.
Among the founding members are Morocco, the United Arab Emirates, Singapore, Switzerland, Rwanda, Brunei, Chile, Costa Rica, Iceland, Liechtenstein, New Zealand, Norway, Panama, and Uruguay. These nations are united by a common goal: to create a flexible yet organized framework that encourages practical solutions over rigid bureaucracy.
FIT is designed to be an evolving platform, one that promotes foreign direct investment, streamlines international trade, and resists the growing pull of protectionism. Its backers hope to strengthen global economic ties at a time when many countries are turning inward—risking a fractured global economy, stalled development, and heightened inflationary pressures.
At the heart of FIT is a shared vision of trade that delivers widespread benefits. Member nations want to reinforce supply chains, reduce non-tariff barriers, encourage the use of emerging technologies, and expand access to international investment. A major component of the initiative is fostering constant dialogue between governments and the private sector to ensure practical, on-the-ground impact.
While the agreement isn’t legally binding, its strength lies in its adaptability. The framework is intentionally open-ended, allowing it to evolve alongside global political and economic shifts. Other countries will be welcome to join over time, provided they align with FIT’s core principles and objectives.
