OECD plea to raise corporate standards

Credibility of the international system on the line …

Developed countries are coming under pressure to strengthen enforcement of standards that promote responsible behaviour by companies in their international operations.

Thomas Ostros, Sweden's minister for industry and trade, told a meeting of government, business and civil society representatives in Paris this week: “This is a matter of credibility for the international system. It is high time for the OECD to step up intergovernmental co-operation and dialogue on how we can create an enabling environment for responsible business practices.”

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