"Additional initiatives" [2005] ELECD 231; in Tully, Stephen (ed), "International Documents on Corporate Responsibility" (Edward Elgar Publishing, 2005)

Book Title: International Documents on Corporate Responsibility

Editor(s): Tully, Stephen

Publisher: Edward Elgar Publishing

ISBN (hard cover): 9781843768197

Section: Chapter 8

Section Title: Additional initiatives

Number of pages: 2

Extract:

8. Additional initiatives

i. Organisation of American States: Permanent Council Resolution 154 on the
Behaviour of Transnational Enterprises Operating in the Region and the Need for
a Code of Conduct to be Observed by Such Enterprises, 1975


Commentary: Established in 1948, the OAS promotes inter-American coopera-
tion between its member States with respect to democracy, governance, human
rights, peace and security, trade, economic development and corruption. Resolution
154 (167/75) was unanimously approved (OAS Document OEA/Ser G, CP/RES 154)
and arose in response to improper commercial interference in political affairs, bribery
and other illegal activity. The Resolution condemned such acts, initiated information
exchange and called for `a study of the principles that should govern the activities of
transnational enterprises for the purpose of preparing a draft code of conduct which
such enterprises should observe' (para 2).



ii. Eastern and Southern African States Preferential Trade Area:
Charter on a Regime of Multinational Industrial Enterprises, 1990


Commentary: Article 4, Annex VIII of the Treaty for the Establishment of the
Preferential Trade Area (PTA) for Eastern and Southern African States (21 ILM 479
(1982)) provides inter alia that Member States will encourage the establishment of
multinational industrial enterprises (MIEs). Formulated over seven years, the Charter
seeks to generate investment capital and closer economic integration between
Eastern and Southern African States through regional companies. Key provisions
include establishment (Article 5), incentives and guarantees (Articles 15 & 16) and
uniquely a special development tax (Article 19).



iii. Andean Group: Commission: Decisions 220 (1987), ...