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NGOs respond to OECD Policy Framework

20-02-2006

The OECDs Policy Framework for Investment (PFI) provides a non-prescriptive checklist of issues for consideration by governments engaged in attracting foreign investors.

OECD claims that the PFI has been developed “in cooperation with civil society”. In a letter written by SOMO and signed by 55 organisations and 10 individuals, NGOs disagree with this claim and refute the OECD that the current draft PFI offers a balanced contribution that “enhances the benefits of investment to society”.

Despite the deficiency of the consultation procedure, the NGOs offer some comments on how to improve the PFI.

This news item originates from: OECD Watch

 

  

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