The United Nations Conference on Trade and Development (Unctad) has singled out a handful of countries for improving their investment policies.

Earning praise from the organisation were Ethiopia, Tanzania, Rwanda, Vietnam, Argentina and Costa Rica. All of these countries were said to have taken steps to have clarified and simplified government and investment rules. Much of this had been accomplished by making rules and regulations clearly accessible online.

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The secretary-general of Unctad, Supachai Panitchpakdi, said: “Effectively implemented e-regulations make governments’ interactions with citizens and businesses more simple and clear.”

Of the countries, Mr Panitchpakdi said that Ethiopia and Tanzania had made the most “significant” progress in this area in recent years.