China and OECD to co-operate on promoting the responsible sourcing of minerals

Beijing, 24 October 2014 - Exploration Exchange China 2014, China's premier outbound mining and energy investment conference and exhibition, took place in Beijing on 24-25 October 2014.

This event was endorsed by the China Ministry of Commerce and hosted by the China Chamber of Commerce of Metals Minerals & Chemicals Importers & Exporters (CCCMC) and China International Chamber of Commerce for the Private Sector (CICCPS).

OECD's Deputy Director for Finance and Enterprise Affairs, Mr. Sangkyom Kim, delivered a keynote address at the opening session in front of a large audience of government and business representatives from both China and the international community.

The CCCMC presented a set of guidelines intended to provide a roadmap for the responsible business conduct of Chinese companies operating overseas and for co-operation within China's mining industry. These guidelines were developed in co-operation with GIZ and with input from the OECD and Global Witness.

The OECD and GIZ then co-hosted a session on sustainable development in mineral supply chains.

China-OECD Memorandum of Understanding

On the occasion of the conference, the OECD and the CCCMC signed a Memorandum of Understanding (MOU) setting out the conditions for co-operation to promote the implementation by Chinese companies of responsible business conduct in global mineral supply chains.

>> read the full text of the MoU

Links

Chinese Mining Group Sets Guidelines for Overseas Interaction | New York Times ‌‌, 24 October 2014 

OECD Due Diligence Guidance on responsible mineral supply chains

OECD Guidelines for Multinational Enterprises

2014 China Exploration Exchange Conference

China Chamber of Commerce of Metals Minerals & Chemicals Importers & Exporters (‌CCCMC)

German Agency for International Co-operation (GIZ)

Global Witness