The OECD has long been at the forefront in efforts to develop international rules relating to capital movements, international investment and trade in services. Member governments have established "rules of the game" for themselves and for multinational enterprises based in their economies by means of legal instruments to which all members must adhere.
"National Treatment" is the commitment by a country to treat enterprises operating on its territory, but controlled by the nationals of another country, no less favourably than domestic enterprises in like situations. The National Treatment instrument addresses the treatment of foreign-controlled enterprises after establishment.
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Conclusions politiques – Des politiques du tourisme pour une croissance durable et inclusive
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Policy Statement - Tourism policies for sustainable and inclusive growth adopted at the OECD meeting on tourism policies for sustainable and inclusive growth.
The Code of Liberalisation of Capital Movements and the Code of Liberalisation of Current Invisible Operations constitute legally binding rules, stipulating progressive, non-discriminatory liberalisation of capital movements, the right of establishment and current invisible transactions (mostly services). All non-conforming measures must be listed in country reservations against the Codes.
This Declaration, first adopted in 1976, constitutes a policy commitment to improve the investment climate, encourage the positive contribution multinational enterprises can make to economic and social progress and minimise and resolve difficulties which may arise from their operations.
The Guidelines are supported by a unique implementation mechanism of National Contact Points which assists enterprises and their stakeholders to take appropriate measures to further the objectives of the Guidelines
The OECD Council recommends use of the Framework: to facilitate coherence for better policy formulation and implementation; as a tool for self-evaluation, peer reviews, knowledge and experience sharing, regional co-operation, and multilateral discussions on investment-related policies; and, as a source of international good practices on investment climate reforms.
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07/11/12 - the OECD and the International Coordinating Committee of National Human Rights Institutions concluded a Memorandum of Understanding to promote respect by multinational enterprises of the new human rights chapter of the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles for Business and Human Rights upon which the OECD Guidelines are based.