It is a great pleasure to welcome you to the OECD, and to be here with you to discuss the challenge of financing infrastructure in Africa.
This Global Forum plays an important role as the tool for on-going dialogue on responsible business conduct. I am pleased to announce that today, Ministers from over 20 countries are coming together to discuss how to integrate responsibility considerations throughout government policies. Their work will contribute to protect internationally recognised fundamental rights and to ensure good governance, fair regulations, and transparency.
Solving the long-term investment ‘puzzle’ must, by its very nature, be a joint effort between public and private sectors. Policymakers need to partner with institutional investors to find workable solutions, said OECD Secretary-General in Montreal.
Today, Costa Rica becomes the 45th country to adhere to the Declaration. This commitment is further evidence of Costa Rica’s strong pledge to create an attractive climate for investment, to build on previous efforts which have already contributed substantially to the country’s economic progress. It is also an important step to strengthen the growing ties between Costa Rica and the OECD, said Angel Gurría.
L’OCDE est profondément attristée par la tragédie de l’effondrement du Rana Plaza qui s’est produite au Bangladesh. Nous sommes de tout cœur avec ceux qui sont concernés par cette catastrophe.
The fight against corruption is one of the most important challenges facing the international community. This is not only a moral battle. It is also a stride for business efficiency, the effectiveness of the public administration, and ultimately for growth and development, said OECD Secretary-General.
We are witnessing an increasingly worrying disconnect between buoyant financial markets on the one hand and a stubbornly weak real economy leading to uncertain prospects for companies, and enduring economic hardship for people, said OECD Secretary-General.
The OECD has much to offer to the G20 and can help the Presidency to deliver concrete and meaningful outcomes on the issue of financing for investment, said Angel Gurría, OECD Secretary-General.
The revised OECD Guidelines for Multinational Enterprises are here to sustain a culture of responsible business conduct worldwide. They empower enterprises to meet their responsibilities toward society and provide clearer expectations for companies. This reduces uncertainty and makes doing “good” business easier.
Secretary-General Angel Gurría discusses the efforts of the OECD to support Egypt, Jordan, Morocco, Tunisia and other MENA countries to restore investor confidence, tackle unemployment and foster policy conditions for strong, sustainable and balanced growth.