OECD adopts investment declaration and annexed Guidelines
Labels: OECD Declaration, Multinational EnterprisesOECD governments adopted the Declaration on International Investment and Multinational Enterprises, with the Guidelines for Multinational Enterprises annexed to it. The Guidelines were written as government-backed recommendations for responsible business conduct by multinational firms, alongside related Council decisions to support implementation. This created an early international framework linking corporate behavior to trade and investment policy goals.