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.
The new OECD Recommendation responds to a need for guidance on how the public sector can ensure that it receives value for money from using Public-Private Partnerships (PPP).
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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.
This Recommendation was adopted by the OECD in order to enhance the ability of the States Parties to the Anti-Bribery Convention to prevent, detect and investigate allegations of foreign bribery.
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.
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This document reproduces the basic texts of the OECD Declaration and Decisions on International Investment and Multinational Enterprises and its four inter-related elements. All parts of the Declaration are subject to periodical reviews. The most recent review - completed in May 2011 - concerned the Guidelines for Multinational Enterprises.
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The updated OECD Guidelines for Multinational Enterprises were adopted on 25 May 2011. This page provides access to the text, implementation procedures, commentaries and related documents.
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The 2011 OECD Guidelines for Multinational Enterprises are far reaching recommendations for responsible business conduct that 42 adhering governments encourage their enterprises to observe wherever they operate.