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Most policy makers agree that competitive neutrality is a sound idea and member governments of the OECD have demonstrated their commitment to a level playing field. This commitment has been voiced at the ministerial level on a number of occasions. Most recently on the occasion of the 2011 Commemoration of the 50th Anniversary of the OECD during the Meeting of the Council at Ministerial Level, the Chair remarked, “As the OECD enhances
This publication summarises three roundtable discussions on transparency and procedural fairness held during 2010 and 2011 at OECD Competition meetings.
This Investment Policy Review examines Colombia's achievements in developing an open and transparent investment regime and its efforts to reduce restrictions on international investment.
This Investment Policy Review examines Colombia's achievements in developing an open and transparent investment regime and its efforts to reduce restrictions on international investment. The Review shows that, in the past few years, Colombia has made tremendous progress in promoting investment liberalisation and improving its investment policy framework. Colombia has also recently undertaken important policy reforms in many of the areas covered by the Guidelines for Multinational Enterprises, including human rights, labour issues and bribery.
In recognition of its progress in pursuing policy reforms to promote investment liberalisation and improving the business climate, Colombia became the 43rd country to adhere to the OECD Declaration on International Investment and Multinational Enterprises. As an adherent to the Declaration, Colombia commits to providing national treatment to foreign investors and to promoting responsible business conduct, in line with the Guidelines for Multinational Enterprises. In turn, the country benefits from similar assurances from other adherents to treat Colombian investors fairly.