HL Deb 27 January 1998 vol 585 c17WA
Lord Alderdice

asked Her Majesty's Government:

Whether they will support an amendment to the OECD's Multilateral Agreement on Investment in order to stress the obligations and responsibilities of investors as well as their rights. [HL205]

Lord Clinton-Davis

We are pressing for the close association with the MAI of the OECD's Guidelines for Multinational Enterprises, which lay down standards for the activities of multinationals. More generally, multinationals—like domestic enterprises—have to respect the laws of the countries where they operate.