§ Mr. Channon
The ministerial meeting of the OECD took place in May and accepted a report setting out progress and recommending certain actions arising from the 1976 OECD declaration as revised by the 1979 meeting of the OECD Council at ministerial level. The report has now been published and a copy has been placed in the Library of the House.
The report concluded that the 1976 declaration and decisions, as revised, have provided and, when the further amendments are adopted, will continue to provide useful mechanisms for consultation among member Governments and the international business community and labour organisations about international investment and multi-national enterprises.
Member countries agreed on certain practical approaches to strengthen international co-operation on problems that may arise when multinational enterprises face conflicting requirements as a result of claims by OECD member countries to extraterritorial jurisdiction.