The business community welcomed the strong focus on investment of the June 2015 OECD Ministerial Council Meeting, which took place under the theme of unlocking investment for sustainable growth and jobs. Ministers hailed the updated OECD Policy Framework for Investment, which is the most comprehensive and systematic approach for improving investment conditions ever developed.
Ministers also discussed how the OECD could enhance an inter-governmental and multi-stakeholder dialogue on investment treaties and on the global investment environment through its Freedom of Investment Roundtable, which brings together over 50 governments to exchange information and experiences on investment policies. Ministers also called on the OECD to analyze how sustainability and responsible business conduct can be promoted through trade and investment.
Building on the outcome of the Ministerial Meeting, investment will remain high on the OECD agenda. The Business and Industry Advisory Committee (BIAC) to the OECD belives that the OECD can play an important role by providing fact-based analysis to inform policy discussions. BIAC and USCIB will remain actively involved going forward.