---------- Forwarded message ---------- Date: Wed, 9 Dec 1998 16:18:19 +0100 (CET) From: Erik Wesselius <[EMAIL PROTECTED]> To: [EMAIL PROTECTED] Subject: OECD trying to save its face over MAI-failure At the OECD press office nobody would ever admit that the "MAI negotiations stopped" or that "MAI at OECD is dead". But the press release that came out last week after the "informal consultation among senior officials responsible for investment policy" which took place last week at OECD headquarters in Paris leaves no doubt: "Negotiations on the MAI are no longer taking place." Erik Wesselius Corporate Europe Observatory ----------------------------------------------------------------- NEWS RELEASE Paris,3 December 1998 Informal Consultations on International Investment An informal consultation among senior officials responsible for investment policy was held on the morning of 3 December 1998, at OECD headquarters in Paris. This meeting followed an earlier consultation on 20 October and a discussion of investment matters at the OECD's Executive Committee in Special Session (ECSS) on 22 October. Negotiations on the MAI are no longer taking place. However, the officials agreed on the importance of multidisciplinary work on investment at OECD. There are a number of important issues on which further analytical work and inter-governmental co-operation are needed. The officials agreed that this work should be carried out in a transparent manner and should involve all OECD members as well as interested non-member countries, including those that participated as observers in the negotiations. The officials reaffirmed the desirability of international rules for investment. The 3 December meeting was preceded by an informal seminar with BIAC, TUAC and other NGOs. The officials found the seminar useful and expressed their desire that this type of dialogue continue. -- For MAI-not (un)subscription information, posting guidelines and links to other MAI sites please see http://mai.flora.org/
