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20-21 October 2004, New Delhi, India

The 2004 annual conference of the OECD Global Forum on International Investment (GFII) along with a series of associated events took place in New Delhi, India, on 19-21 October 2004. The events were hosted by the Government of India and supported by the Confederation of Indian Industry.

The GFII examined the role of international co-operation in enhancing the business environment and maximising the benefits of investment in developing countries. The three main areas of focus were:

• The OECD initiative on a Policy Framework for Investment as an operational tool to promote investment for development
• Maximising official development assistance – synergies for development
• Promoting corporate responsibility – defining the roles of government and business.

Organised in conjunction with the GFII, the first OECD-India Investment Roundtable focused on "Opportunities and Policy Challenges for Investment in India". The Roundtable provided an opportunity for policymakers and business representatives from OECD member countries, India and other non-member countries to discuss, inter alia:

• India’s investment policies: progress and future directions
• Sectoral FDI policies: the case of infrastructure and public utilities
• The road ahead: investment partnership with India.

Also associated with the GFII, a Regional Workshop on Strategic Marketing for Investment was held by the WAIPA (World Association of Investment Promotion Agencies) and sponsored by IBM Business Consulting Services.

Conference documentation

• Draft Key Messages
• Draft agendas for the GFII and the OECD-India Investment Roundtable
• Opening Remarks , Richard Hecklinger, Deputy Secretary-General, OECD
• Joint announcement

Session 1: OECD Initiative on a Policy Framework for Investment - An Operational Tool to Promote Investment for Development

• OECD Initiative on Investment for Development: Towards a Policy Framework for Investment
• OECD Initiative on Investment for Development: Trade Policy , Dale Andrew, OECD
• OECD Initiative on Investment for Development: Competition Policy , Michael Gestrin, OECD

Session 2: Harnessing the Potential of ODA - Investment Synergies for Development

• ODA and Investment for Development: what guidance can be drawn from investment climate scoreboards? , Hans Christiansen, OECD
• Mobilising Investment for Development: Review of ODA Uses and Experiences , OECD Development Co-operation Directorate
• Synergies between the Official Development Assistance and Private Investment: the 1993-2003 Experience in Vietnam  

Session 3: Promoting Corporate Responsibility - Defining the Roles of Government and Business

• The Globalisation of Labour , Roger Blanpain
• The OECD Guidelines for Multinational Enterprises and non-Adhering Countries: Opportunities and Challenges of Engagement , Halina Ward, IIED
• Promoting Corporate Responsibility - Defining the Roles of Government and Business: Where the Idealist meets the Pragmatist, Leon Zurawicki
• The OECD Guidelines for Multinational Enterprises in Practice , Veronica Nilsson, TUAC
• Investors' and Home Governments' Obligations , WTO Paper

Reference documents

• Overview of OECD Investment Instruments
• OECD Guidelines for Multinational Enterprises  
• 2004 Report on Implementation of the Guidelines
• 2004 Roundtable on Corporate Responsiblity: Encouraging the Positive Contribution of Business to the Environment - Summary of the Discussion
• Public Sector Transparency and the International Investor  
• Checklist for Foreign Direct Investment Policies  
• FDI for Development: Maximising Benefits, Minimising Costs
• Policy Brief: The OECD Guidelines for Multinational Enterprises - A Key Corporate Responsibility Instrument
  Policy Brief: Attracting Investment to China
• BIAC Business Briefs on the Guidelines for Multinational Enterprises

See also

• Conference Website set up by the Government of India: http://gfii.india.nic.in/
• National Treatment for Foreign-Controlled Enterprises: 2004 Edition
• OECD Code of Liberalisation of Capital Movements: 2004 Edition
• Global Forum on International Investment: Encouraging Modern Governance and Transparency for Investment - Why and How , Johannesburg, 17-18 November 2003
• OECD Reviews of Foreign Direct Investment