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News & Events
News
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23-Jul-2007
On 11 July 2007, Egypt became the first Arab and first African country to sign the OECD Declaration on International Investment and Multinational Enterprises. This marks a new stage in Egypt's drive to attract more foreign direct investment (FDI). A series of policy reforms have helped to underpin a fifteen-fold increase in Egypt’s FDI between 2001 and 2006. FDI reached a record USD 9 billion in the first three quarters of its 2007 fiscal year. This compares with USD 6.1 billion for the whole of 2006.
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12-Jun-2007
The G8 Summit Declaration of 7 June 2007 called for continuation of the OECD Investment Committee's project on Freedom of Investment, National Security and "Strategic" Industries, additional non-member adherences to the OECD Declaration on International Investment and Multinational Enterprises, active use of the Policy Framework for Investment in developing countries, effective implementation of the OECD Guidelines for Multinational Enterprises and wider dissemination of the OECD Risk Awareness Tool for Multinational Enterprises in Weak Governance Zones.
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07-May-2007
G8 Labour and Employment Ministers met in Dresden on 6-8 May 2007 to discuss the opportunities and challenges that globalisation brings with it for the working world. In referring to the contribution companies can make to shaping the social dimension of globalisation, the G8 Chair's conclusions strongly emphasised the role of the OECD Guidelines for Multinational Enterprises.
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24-Apr-2007
This note gives an OECD perspective on alternative dispute resolution based on experiences with the specific instances procedure of the OECD Guidelines for Multinational Enterprises. It was prepared for a workshop on "Accountability and Dispute Resolution" organised by Harvard's Kennedy School in support of work in this area by the Special Representative of the United Nations Secretary-General on Business & Human Rights.
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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.
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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.
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28-Feb-2006
This speech by the OECD Secretary-General outlines the benefits of responsible business conduct and provides an overview of the contribution made by the OECD Guidelines for Multinational Enterprises. This speech was delivered during the Global Corporate Social Responsibility Forum held in Beijing on 22 February 2006.
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23-Nov-2005
In October 2005, the OECD launched an invitation for public comment on its draft Risk Management Tool for Investors in Weak Governance Zones. A strong response was received from global and regional organisations, business, labour and other civil society representatives. These comments can be consulted online and will be used to improve the draft risk management tool which is scheduled for finalisation by Spring 2006.
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23-Nov-2005
Les zones à déficit de gouvernance sont des lieux où les pouvoirs publics sont peu désireux ou incapables d’assumer leurs responsabilités. Elles représentent certains des environnements d’investissement les plus ardus de la planète. C’est dans cette optique que l’OCDE est actuellement en train de préparer un outil de gestion du risque destiné à aider les entreprises à y gérer leurs activités de manière responsable. Le projet de texte a été soumis à la sagacité du public par le biais d’une consultation en ligne.
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22-Sep-2005
A recurrent theme of the OECD's work on the Guidelines for Multinational Enterprises is that corporate responsibility goes hand-in-hand with government responsibility. This report summarises the results of a multi-stakeholder dialogue that has sought to provide inputs to an answer on the following central question: Do companies have different roles and responsibilities when operating in weak governance zones, where governments are not working well, than in healthier investment environments?
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