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IP: The Multilateral Agreement on Investment sent in stylized
From: Dave Farber <farber () cis upenn edu>
Date: Sun, 10 May 1998 12:33:15 -0400
form content-type: text/html <html> [ I recommend a careful reading on the parts linked in. They do strongly impact you nation and the way you live. djf]<a href="http://www.oecd.org/daf/cmis/mai/maindex.htm#top" eudora="autourl">http://www.oecd.org/daf/cmis/mai/maindex.htm#top</a><br> <font size=2><i><a name="top"></a>Updated 29 April 1998</font></i><a href="http://www.oecd.org/daf/cmis/mai/maind ex.htm maindexf.htm"><font size=3> </a><a name="top"></a><br> <br> <BODY BGCOLOR="white"> </font><h1><font size=6><b><div align="center"> The Multilateral Agreement on Investment</font></b></h1><font size=2><b><a href="http://www.oecd.org/daf/cmis/mai/maind ex.htm negtext.htm">Revised Negotiating Text</a></font></b><font size=3> <br> </font><font size=2><b><a href="http://www.oecd.org/daf/cmis/mai/maind ex.htm environ.htm">Labour and Environment</a></font></b><font size=3> <br> </font><font size=2><b><a href="http://www.oecd.org/daf/cmis/mai/maind ex.htm reports.htm">MAI reports and mandate</a></font></b><font size=3> <br> </font><font size=2><b><a href="http://www.oecd.org/daf/cmis/mai/maind ex.htm faqmai.htm">Frequently asked questions</a></font></b><font size=3> <br> </font><font size=2><b><a href="http://www.oecd.org/daf/cmis/mai/maind ex.htm maidevt.htm">Sustainable Development</a></font></b><font size=3> <br> </font><font size=2><b><a href="http://www.oecd.org/publications/Pol_brief/9702_pol.htm">MAI Policy Brief Dec 1997</a></font></b><font size=3> <br> </font><font size=2><b><a href="http://www.oecd.org/daf/cmis/mai/maind ex.htm seminars.htm">Recent seminars</a></font></b><font size=3> <br> </font><font size=2><b><a href="http://www.oecd.org/daf/cmis/mai/maind ex.htm online.htm">Free on-line documents</a></font></b><font size=3> <br> </font><font size=2><b><a href="http://www.oecd.org/daf/cmis/mai/maind ex.htm maipubs.htm">Publications, articles and speeches</a></font></b><font size=3> <br> </font><font size=2><b><a href="http://www.oecd.org/daf/cmis/mai/maind ex.htm mailinks.htm#gov">OECD Member MAI sites</a></font></b><font size=3> <br> </font><font size=2><b><a href="http://www.oecd.org/daf/cmis/mai/maind ex.htm mailinks.htm#other">Other MAI sites</a></font></b><font size=3> <br> </font><font size=2><b><a href="http://www.oecd.org/daf/cmis/mai/maind ex.htm ../cime/mneguide.htm">OECD Guidelines for multinational enterprises</a></font></b><font size=3> <br> </font><font size=2><b><a href="http://www.oecd.org/daf/cmis/mai/maind ex.htm mailinks.htm#fdi">Foreign Direct</a><font size=2> <a href="http://www.oecd.org/daf/cmis/mai/maind ex.htm mailinks.htm#fdi"><font size=2>Investment sites</a></font></b><font size=3> <br> Since the <a href="http://www.oecd.org/daf/cmis/mai/maind ex.htm mandate.htm#Mandate">launching of negotiations in 1995</a>, major progress has been made in <a href="http://www.oecd.org/daf/cmis/mai/maind ex.htm MAIRAP97.HTM">developing a Multilateral Agreement on Investment (MAI)</a> which would provide a <a href="http://www.oecd.org/daf/cmis/mai/maind ex.htm dymond.htm">comprehensive framework for international investment</a> with high standards of liberalisation and investment protection, and with effective dispute settlement procedures.<br> <br> The <a href="http://www.oecd.org/daf/cmis/mai/maind ex.htm shelton.htm">scope of the MAI</a> is to cover <a href="http://www.oecd.org/daf/cmis/mai/maind ex.htm ferrand.htm">all forms of investment</a> coming from MAI investors, including the cross-border establishment of enterprises, the activities of established foreign-owned or controlled enterprises, portfolio investment and intangible assets. The <a href="http://www.oecd.org/daf/cmis/mai/maind ex.htm karl.htm">treatment and protection of investors and investments</a> calls for fair and non-discriminatory treatment of foreign investors, and <a href="http://www.oecd.org/daf/cmis/mai/maind ex.htm baldi4.htm">an effective dispute settlement mechanism</a>.<br> </div> <a href="http://www.oecd.org/daf/cmis/mai/maind ex.htm ahnlid2.htm">Special topics</a> dealt with in the MAI include <a href="http://www.oecd.org/daf/cmis/mai/maind ex.htm brooks.htm">performance requirements</a>, <a href="http://www.oecd.org/daf/cmis/mai/maind ex.htm ahnlid2.htm">investment incentives</a>, <a href="http://www.oecd.org/daf/cmis/mai/maind ex.htm quinones.htm">temporary stay and work of investors and key personnel</a>, <a href="http://www.oecd.org/daf/cmis/mai/maind ex.htm huh.htm">privatization and monopolies</a>. <a href="http://www.oecd.org/daf/cmis/mai/maind ex.htm larson.htm">Environment and labour issues</a> and the <a href="http://www.oecd.org/daf/cmis/mai/maind ex.htm lillerud.htm">OECD Guidelines for multinational enterprises</a> also figure prominently in the negotiations.<br> <br> The MAI will have its own <a href="http://www.oecd.org/daf/cmis/mai/maind ex.htm griff.htm">institutional arrangements</a>. It should be compatible with other international agreements, including the IMF and <a href="http://www.oecd.org/daf/cmis/mai/maind ex.htm otten1.htm">WTO</a>, and should not create obligations on Parties that conflict with their obligations under those agreements. <br> <br> Final agreement will depend on achieving a satisfactory scope and balance of commitments among the negotiating parties, including agreement on <a href="http://www.oecd.org/daf/cmis/mai/maind ex.htm sikkel.htm">general exceptions, temporary safeguards and country-specific exceptions or reservations</a>. <br> The MAI is to be a free standing treaty, open to <a href="http://www.oecd.org/daf/cmis/mai/maind ex.htm griff.htm">accession by non-Members</a> who are willing and able to meet its obligations. An active <a href="http://www.oecd.org/daf/cmis/mai/maind ex.htm musca.htm">dialogue with non-Members</a> has been sustained through the negotiations, including regular briefings in Paris, and regional meetings for Latin America, Asia, Africa, and the Baltic countries.<br> <br> Consultations have also been held with representatives of business, labour and NGOs. <br> <br> </font><font color="#0000FF"><b><div align="center"> O</font><font size=1 color="#000000">rganisation for </font><font size=3 color="#0000FF">E</font><font size=1 color="#000000">conomic </font><font size=3 color="#0000FF">C</font><font size=1 color="#000000">o-operation and </font><font size=3 color="#0000FF">D</font><font size=1 color="#000000">evelopment<br> <br> </font></b><font size=3> <br> <br> <br> <br> <br> </font></html>
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