"Participation Builds Unity"
"MADE IN AFRICA - FOR AFRICA"
"Participation Builds Unity"
"MADE IN AFRICA - FOR AFRICA"
PRESENTS
OECD GLOBAL CONFERENCE
INVESTMENT FOR DEVELOPMENT: MAKING IT HAPPEN
25-27 October 2005, Rio de Janeiro, Brazil
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Organised by the Investment Committee of the OECD
and the Government of Brazil
in Partnership with the World Bank
The Conference will take place at the Headquarters of the
Banco Nacional de Desenvolvimento Econômico e Social (BNDES)
Avenida República do Chile, 100 - Centro
Rio de Janeiro, RJ, Brazil
CEP: 20031-917
2005 GLOBAL FORUM ON INTERNATIONAL INVESTMENT
The United Nations Millennium Development Goals (MDGs) adopted in 2000 challenged the
international community to take resolute action to improve living conditions for over a billion of the
world’s poorest people. The 2002 United Nations Monterrey Consensus ascribed critical importance to
mobilising private investment, both domestic and foreign, for achieving the MDGs.
The Policy Framework for Investment (PFI) is a contribution to the follow-up to the Monterrey
Consensus. The PFI’s purpose is to help countries at different levels of development to attract more and
better investment. It has been developed as a non-prescriptive checklist of cross-cutting policy issues for
consideration of governments interested in creating an environment that is attractive to domestic and
foreign investors and that enhances the benefits of investment to society. The Framework could also serve
as a reference point for other international organisations, investment promotion agencies, donors as they
assist recipient country partners in improving the investment climate, and businesses, trade unions and
NGOs in their dialogue with governments. The Framework is intended as a living tool which will be
reviewed in light of developments and users' needs.
A Task Force, open to any interested OECD Member and non-Member governments, was established
in June 2004 to oversee the development of the Framework. In addition to Argentina, Brazil, Chile and the
other six non-member adherents to the OECD Declaration on International Investment and Multinational
Enterprises, China, India, Russia, South Africa and other influential non-OECD governments have
participated in Task Force meetings and regional consultations.
The Task Force has identified policy “building blocks” which make up the Framework: investment
policy; investment promotion and facilitation; trade policy; competition policy; tax policy; corporate
governance; corporate responsibility and market integrity; human resource development; finance and
infrastructure development; and public governance. In addition to host-country policy action, the
contribution of international co-operation, including through regional integration, and home-country policy
action, including effective implementation of OECD instruments such as the Anti-Bribery Convention and
the Guidelines for Multinational Enterprises, is also being addressed.
Decided upon at the OECD Ministerial two years ago, the PFI was launched in Johannesburg in
November 2003 at the Global Forum on International Investment organised by the OECD Investment
Committee. It received further strong support at the 2004 Global Forum on International Investment hosted
by India. The focus of this year’s GFII is the completion of the PFI and consideration of ways of putting it
into action.
“PUTTING THE POLICY FRAMEWORK FOR INVESTMENT INTO ACTION”
PLEASE NOTE::
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Participation by Invitation only - should you wish to attend please contact:
Thomas DANNEQUIN
Investment Division
Directorate for Financial and Enterprise Affairs
OECD
Tel: +33 (0)1 45 24 81 56
Fax: +33 (0)1 44 30 61 35
Email: thomas.dannequin@oecd.org
Web: http://www.oecd.org/investment
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