What is the role of the Guidelines relative to other OECD investment instruments?
The Guidelines are part of a package. They are one part of the OECD Declaration on International Investment and Multinational Enterprises, a broad political commitment adopted by the OECD Governments in 1976 to facilitate direct investment among OECD Members. The Declaration on International Investment and Multinational Enterprises promotes a comprehensive, interlinked and balanced approach for governments’ treatment of foreign direct investment and for enterprises’ activities in Adhering countries. The OECD instruments on international investment and multinational enterprises are one of the main means by which the OECD assists Adhering countries in working towards a liberal regime for foreign direct investment, while at the same time ensuring MNEs operate in harmony with the countries where they are located.
