The Western Balkans Regional Competitiveness Initiative aims to strengthen the long-term competitiveness of the Western Balkan economies through improving human capital development and boosting innovation.
This Investment Policy Review examines Colombia's achievements in developing an open and transparent investment regime and its efforts to reduce restrictions on international investment.
This Investment Policy Review examines Colombia's achievements in developing an open and transparent investment regime and its efforts to reduce restrictions on international investment. The Review shows that, in the past few years, Colombia has made tremendous progress in promoting investment liberalisation and improving its investment policy framework. Colombia has also recently undertaken important policy reforms in many of the areas covered by the Guidelines for Multinational Enterprises, including human rights, labour issues and bribery.
In recognition of its progress in pursuing policy reforms to promote investment liberalisation and improving the business climate, Colombia became the 43rd country to adhere to the OECD Declaration on International Investment and Multinational Enterprises. As an adherent to the Declaration, Colombia commits to providing national treatment to foreign investors and to promoting responsible business conduct, in line with the Guidelines for Multinational Enterprises. In turn, the country benefits from similar assurances from other adherents to treat Colombian investors fairly.
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This report covers investment measures taken between 1 November 2011 and 29 February 2012. Information presented in this report has also been used for two joint reports by WTO, OECD and UNCTAD, released on 24 May and 25 October 2011, respectively, in response to the G20 Leaders' request of 2 April 2009 for quarterly public reporting on their adherence to their trade and investment policy commitments.
Zambia is one of the dynamic growth poles of Southern Africa and this Review highlights its progress in implementing its policy framework for investment and identifies some remaining challenges faced by the government.
Bribery of public officials is harmful to good governance, economic development and competitive conditions. Confiscation and recovery of the proceeds derived from foreign bribery are key elements in the international framework to fight corruption of public officials.
OECD's review of investment policy in Zambia reviews the country's investment policy, investment promotion and facilitation, trade and competition policy, tax policy, corporate governance, policies for promoting responsible business conduct, infrastructure development and other aspects of the policy framework for investment.
This Review assesses Kazakhstan's ability to comply with the principles of liberalisation, transparency and non-discrimination and to bring its investment policy closer to recognised international standards such as the OECD Declaration on International Investment and Multinational Enterprises.&l
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This comparative table has been prepared to facilitate understanding by the adhering governments of the changes made to the OECD Guidelines for Multinational Enterprises, on the occasion of the 2011 update of the instrument.
The 2011 update of the Guidelines includes new recommendations addressing human rights, living wages, and internet freedom, as well as reinforced procedural guidance for their promotion and implementation.