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DAC Chair calls on donors to deliver on their Gleneagles commitments

06-Dec-2006

Final data on aid flows in 2005 reveal that underlying aid flows to the poorest countries in sub-Saharan Africa have stalled. Official development assistance from members of the OECD’s Development Assistance Committee, which groups the world’s major donors, reached USD 106.8 billion in 2005, a record high.

OECD's risk awareness tool offers guidance for multinationals in “weak governance” zones

24-Nov-2006

Multinational enterprises investing in countries characterised by weak or non-existent government need to take special care in handling a range of risks and ethical dilemmas not usually encountered in countries with stronger governance arrangements. OECD's Risk Awareness Tool for Multinational Enterprises in Weak Governance Zones is designed to help them.

The OECD urges the Czech Republic to introduce liability of legal persons for foreign bribery in order to meet the requirements of the OECD Convention

23-Nov-2006

The Czech Republic needs to establish liability against legal persons for foreign bribery without delay and put in place sanctions that are effective, proportionate and dissuasive, according to a report by the OECD’s Working Group on Bribery.

New Zealand should strengthen laws to hold companies more accountable for foreign bribery, says OECD

09-Nov-2006

New Zealand should strengthen its fight against the bribery of foreign public officials by expanding corporate liability for the criminal offence of foreign bribery, according to a new report by the OECD Working Group on Bribery.

South East Europe should do more to attract foreign investment, says OECD

09-Nov-2006

South Eastern European countries should step up their fight against corruption, further encourage competition and intensify regional co-operation on trade in order to attract more and better foreign direct investment, according to a new OECD report.

Interpretation of the Umbrella Clause in Investment Agreements

31-Oct-2006

Given the very frequent occurrence of the umbrella clause in modern investment treaties, and the different language used in these treaties, this working paper aims to improve an understanding of the interpretations of this clause and thereby assist treaty negotiators and parties in taking informed decisions.

OECD Guidelines feature in UN Special Representative’s survey of business practices

10-Oct-2006

The UN Secretary General’s Special Representative on business and human rights has just published a survey of the human rights practices of the Fortune Global 500 companies. The survey results include information on the Global 500 companies’ references to external instruments, including to the OECD Guidelines for Multinational Enterprises.

Roundtable on Corporate Responsibility: Developing a proactive approach to the OECD Guidelines

21-Sep-2006

Held in Paris on 19 June 2006, the Roundtable explored the theme of “Developing a proactive approach to the OECD Guidelines for Multinational Enterprises”.  Discussion focused on partnerships for promoting the Guidelines and encouraging the adoption of responsible business practices, as well as using dialogue under the Guidelines to create “win-win” situations for companies and host societies.

World economy needs transparency and openness in international investment, says OECD’s Gurría

18-Sep-2006

In a statement to the International Monetary and Financial Committee meeting in Singapore on 17 September 2006, OECD Secretary-General Angel Gurría reviews the world economic outlook and calls on countries to work together to head off a possible resurgence of international investment protectionism.

Making the most of the Policy Framework for Investment

16-Aug-2006

These opening remarks by the OECD Secretary-General at the OECD Tokyo Policy Forum on Investing for Development focus on the two overarching themes that run through the Policy Framework for Investment (PFI) - that the PFI is a statement of good policy for attracting investment and that it aims to contribute to the prosperity of countries and their citizens and the fight against poverty. 




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