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Transparency is the cornerstone of a well-functioning regulatory process. Countries participating in the “Freedom of Investment” project have exchanged experiences and ideas about the transparency and predictability of security-related reviews of foreign investment proposals. This paper summarises the findings of these discussions.
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This report by the OECD Investment Committee was prepared in response to the request of the G7 Finance Ministers and other OECD members last fall to develop guidance for recipient countries’ policies toward investments from SWFs. The OECD addressed this request as part of an ongoing project on Freedom of Investment and National Security, which was launched in view of the rise of investment protectionism and to maintain open markets.
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This paper surveys the societal dimension of 296 international investment agreements (IIAs) signed by the 30 member countries and of by the 9 non-member countries that participate formally in OECD investment work.
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This progress report was issued following the 7th Roundtable on Freedom of Investment, National Security and ‘Strategic’ Industries which took place in Paris on 26 March 2008. Since early 2006, OECD has provided a forum for intergovernmental dialogue on how governments can reconcile the need to preserve and expand an open international investment environment with their duty to safeguard the essential security interests of their people.