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Investment

  • Date: 24/04/2001, 10:00 hrs-17:00 hrs (Registration closed)
  • Location: CCAB(Borschette), Rue Froissart 36, 1040 Brussels
  • Registration closes on : 19/04/2001 12:00

Meeting details

  • Date: 24/04/2001, 10:00 hrs-17:00 hrs (registration closed)
  • Location: CCAB(Borschette), Rue Froissart 36, 1040 Brussels
  • Registration closes on : 19/04/2001 12:00

Issue Group on Investment : Summary Meeting 2 - 24 April 2001 1. OECD GUIDELINES FOR MULTINATIONAL ENTERPRISES : At the previous meeting, the Commission had presented the outcome of the review of the OECD Guidelines for multinational enterprises, adopted at Ministerial level on 27 June 2000 by 33 countries (30 OECD Members, Argentina, Brazil and Chile). These Guidelines lay down principles and standards that the governments of the adhering countries (currently all the OECD Member countries plus Argentina, Brazil and Chile) expect their companies to apply and respect wherever they operate. The added value of the Guidelines, as compared with individual company or industry-wide codes of conduct, resides in the breadth of the domains they cover (child labour and forced labour, social relations, environmental protection, consumer protection, transparency and disclosure, fight against bribery, transfers of technology, competition and taxation) and in the endorsement by the governments of the countries where the very large majority of FDI flows originates. This endorsement has also a very concrete consequence in the reinforced implementation mechanism that is, an OECD Council Decision that commits adhering governments to promote the actual observance of the Guidelines by business. National Contact Points

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