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2011 Update of the Guidelines
The Guidelines have been updated five times since they were first adopted in 1976 to ensure that they remain at the forefront of the global responsible business conduct agenda and a leading tool in the ever-changing landscape of the global economy.
The most recent update of the Guidelines was adopted on 25 May 2011 following a process of intensive consultations with a wide range of stakeholders and partners.
OECD Declaration on International Investment and Multinational Enterprises
The Guidelines are one of four instruments of the 1976 OECD Declaration on International Investment and Multinational Enterprises, a policy commitment by adhering governments to provide an open and transparent environment for international investment and to encourage the positive contribution MNEs can make to economic and social progress. The other three instruments of the Declaration are National Treatment, Conflicting Requirements, and International Investment Incentives and Disincentives. Governments adhere to the entire Declaration – not only to the Guidelines – in order to ensure the holistic treatment of their international investment environments.