sharing in governance of extractive industries
The OECD Development Centre is seeking public comment on the advanced draft of the Guiding Principles for Durable Extractive Contracts.
The Guiding Principles set out eight principles and supporting commentary that host governments and investors can use as a common reference for future negotiations of enduring, sustainable and mutually beneficial extractive contracts. They aim to provide guidance for the content and negotiation of durable extractive contracts that can reduce or eliminate the drivers of renegotiation and can provide adaptive and flexible provisions that can automatically adjust to prevailing market conditions.
Further information can be found here: http://www.oecd.org/dev/guiding-principles-durable-extractive-contracts-pd-nr.htm
Government, business and civil society representatives, international organisations, and the general public are invited to contribute comments to the advanced draft of the Guiding Principles. Comments should be sent to DEV.NaturalResources@oecd.org by 30 March 2018.
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