Costa Rica signs OECD agreement to boost investment
30/09/2013 - Costa Rica today became the 45th country to adhere to an OECD international investment instrument designed to help the country attract more and better foreign investment and promote responsible business conduct.
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>> Speech by Angel Gurría
The Latin America and Caribbean-OECD Investment Initiative aims to increase the contribution of private investment to economic and social development in Latin America and the Caribbean. It does so through peer dialogue, both between governments as well as between governments and investors.
The Initiative helps governments create better policies at three levels: through general improvements to the investment climate (e.g. less red tape); through more focused approaches that reflect the particular needs of specific sectors (e.g. investment in agriculture); and through initiatives that enhance the development contribution of private investment (e.g. creating fairer public-private partnerships for essential infrastructure).
The Initiative was officially launched in September 2010 in Santiago, Chile.
Colombia hosted the second meeting on 6-8 July 2011, which focused on investing in infrastructure for jobs and development, with a particular emphasis on the role of private investment and on how to have successful public-private partnerships.
Costa Rica hosted the Initiative's third meeting in October 2012. This meeting aimed to identify practical policy options for Latin American governments in the formulation of their investment promotion strategies with a specific focus on international value chains.
Any questions relating to the Latin America and Caribbean-OECD Investment Initiative should be addressed to Andrea Goldstein (Tel: +33 1 45 24 74 62, email@example.com)
DOCUMENTS AND LINKS
OECD Guidelines for Multinational Enterprises
Policy Framework for Investment
OECD Principles for Private Sector Participation in Infrastructure
Private sector participation in the water and sanitation sector
Conference on tapping into international value chains: Opportunities and challenges for Latin America, 31 Oct-1 Nov 2012,
San José, Costa Rica
Conference on investing in infrastructure for jobs and development, 6-8 July 2011, Bogotá, Colombia
Conference on investment for jobs and development, 27-28 September 2010, Santiago, Chile
Web page in Spanish: Iniciativa América Latina y el Caribe-OCDE para la Inversión