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Chile is a significant host for foreign direct investment (FDI) in South America, especially given the relatively small size of its economy. The attraction of Chile to foreign investors lies not only in its resource abundance but also in its tradition of openness to foreign investment. Chilean policies towards inward investment generally conform to OECD standards, and the country has been a trailblazer within Latin America in terms of
This 14th annual report on the OECD Guidelines for Multinational Enterprises describes the activities undertaken to promote the observance of the Guidelines during the implementation cycle of June 2013-June 2014. This includes work on due diligence in the financial and extractive sectors, as well as along agricultural supply chains, strengthened co-operation with non-adhering countries, the outcomes of the 2nd Global Forum.
The annual reports on the OECD Guidelines for Multinational Enterprises provide an account of the actions the adhering governments have taken over the previous 12 months to enhance the contribution of the guidelines to the improved functioning of the global economy.
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A number of industry and sector initiatives in the gold sector seek to operationalize the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas. This booklet provides an overview of these initiatives and how they complement each other.