OECD governments have declared that enterprises operating in their territory but controlled by nationals of another Member country should be treated no less favorably than domestic enterprises -- in other words, they should be accorded national treatment. The steps already taken in this direction by Member countries have improved the climate for international investment. This book provides a comprehensive explanation of the scope and nature of the OECD National Treatment instrument which provides a multilateral framework for promoting further progress towards liberal international investment policies.
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