...members of the Organization for Economic Cooperation and Development; one relevant portion provides that "[t]he use of appropriate international dispute settlement...mechanisms, including arbitration, should be encouraged * * * ". 14 The diplomatic correspondence on this matter is reviewed in the State Department's Statement...

...legally enforceable.""6 With respect to the settlement of disputes, the Guidelines provide only that: "(10) The use of appropriate international dispute...concerning issues arising in respect of the guidelines . . . .""7 The voluntary nature of the Guidelines makes it unnecessary to elaborate a "precise legal...

...are addressed to the various entities within the multinational enterprise (parent companies and/or local entities) according to the actual distribution...arising between enterprises and member countries. problems either within the Committee on International Investmentand Multinational Enterprises established...

...is no specific provision for the resolution of investment disputes. The OECD Guidelines provide that the use of appropriate international dispute settlement...mechanisms, including arbitration, should be encouraged (preamble, para. 10). Table 5: SETTLEMENT OF DISPUTES .Multilateral Instruments Domestic Remedies Other...

...regulate the entry of foreign investment or the conditions of establishment of foreign enterprises. 22. The use of appropriate international dispute settlement...problems arising between enterprises and Member countries (para. 10). 23. Under the heading "General Policies" the body of the Guidelines states nine recommendations....

...conditions.... 5. The use of appropriate international dispute settlement mechanisms, including arbitration ...as a means of facilitating the resolution of problems...arising between enterprises and Member countries. One legal scholar asserts that the adoption of the OECD Guidelines by 23 of the 24 member governments...