Natural resource exploitation in the Democratic Republic of Congo | |
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Lead NCP | United States |
Supporting NCP(s) | None Selected |
Description | Specific instance notified by a consortium of NGOs regarding the activities of certain US multinational enterprises operating in the Democratic Republic of Congo. |
Theme(s) | General policies |
Date | 8 Oct 2002 |
Host country(ies) | Democratic Republic of the Congo |
Source | NGO |
Industry sector | Mining and quarrying |
Status | Concluded |
Summary | In October 2002, the US NCP was approached by a consortium of NGOs who raised concerns about the identification of certain US multinational enterprises (MNEs) with operations in the Democratic Republic of Congo (DRC), as referenced in an October 2002 report by the UN Panel of Experts on the Illegal Exploitation of Natural Resources and Other Forms of Wealth of the DRC. By agreement of the OECD Committee on International Investment and Multinational Enterprises and relevant UN authorities, the UN Panel engaged directly with the relevant U.S. MNEs regarding their business practices as they related to the DRC. In a subsequent report from the Panel, it concluded that all outstanding issues with the US MNEs cited in the initial report were resolved. US NCP concluded its facilitation of communications between the UN Panel and the US MNEs. #extractives #mining #coordination #agreement |