HC Deb 05 March 1998 vol 307 c743W
Ms Drown

To ask the President of the Board of Trade if she will make a statement on the provisions in the draft Multilateral Agreement on Investment which emphasise the responsibilities and duties of foreign investors. [31138]

Mr. Ian McCartney

We are pressing for the close association with the Multilateral Agreement on Investment (MAI) of the OECD Guidelines for Multinational Enterprises, which encourage good corporate behaviour. Foreign investors, like others, are also bound by the national laws of the countries in which they operate.