Code of conduct on transnational corporations: executive summary

V UNITED NATIONS

ECONOMIC AND SOCIAL COUNCIL

Distr.: GENERAL

e/eca/cm.9/19

25 February 1983 Original: ENGLISH

ECONOMIC COMMISSION FOR AFRICA SILVER JTBILEE ANNIVERSARY MEETINGS Fourth meeting of the Technical

Preparatory Committee of the Whole

Addis Ababa, Ethiopia, 14-22 April 1933 Item 7 (d) of the provisional agenda

ECONOMIC COMMISSION FOR AFRICA SILVER JUBILEE ANNIVERSARY MEETINGS Eighteenth session of the Commission

and ninth meeting of the Conference of Ministers of the Commission

Addis Ababa, Ethiopia, 27 April - 3 May 1983

Item 12 B«(i) of the provisional agenda

CODE OF CONDUCT ON TRANSNATIONAL CORPORATIONS

Executive summary'

* The present summary constitutes the main document for the consideration.

E/ECA/CM.9/19

CODE OF CONDUCT ON TRANSNATIONAL CORPORATIONS

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1

of and

views on the p

interference by TNCs

sovereignty and non-

(ECOSOC) decided to convene a fpecial «s8i™'of^hfT°^C ^ S°Cial C°UncU

Corporations to discuss exclusively h of the Comiiasxon on Transnational

negotiation and adoption The Ipecial s^t ^TV,!'™ t0 Speedln3 "P its March 19S3 and from 9-."0 May 1983 it order ? " ' ^ld fa Ne" Y°rk fron 7"18

are fully taken into accost, Tt\as decl^d aHllVt "JJ '""t"8 and n

Nations be invited to participate aeCXded that a11 }te^>^ States of the United

the S.tSr^iS^l^S^ Codrol

which was held in Addis Ababa fro^ ?1 January" o^Feb

major concern to the African mmtri« ,,v,i % u eD

finally adopted. These issuedTwere duly subnittSV°

fully reflected in the position of th" group

the areas of

ln the Code when Gr°"P °f " and

3 provide assistance to member countries so as to

negotiations. Therefore, as a follow up of

on Transnational Corporations conv ' d" f aboratlon with tne United Nations Centre

of Conduct in Addis Ababa fTok 31 January to'^Februfrv'Ssf&™1 ******* on * Code

participated in the n.PPnno a«^ thp n',79,: I ?5y iyb3< ^^ty two countries

■o brSKp £°? 1Can Unlty W3S also "presented.

-o Drier the Afriran r*mi«*-».-(^^ ..t

p^mS^^

achieved in the work towards the

rs ss-^jsr-ss." ass.

effectively in the forthcoming negotiations.

7 As part of that briefing, the meting had before it the following papers

submitted by the centre on Transnational corporations.

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2 s rrsir'SK^:!^ 2.

iii) "Information Paper on Negotiations" (E/C.1O/1983/S 1/2)

.• =in Africa- Sone Major Issues" (E/ECA/UNCTC/Z1) ;

i) "Transnational Corporations xn Africa, bone ndj

ii) "The Proposed International Code of Conduct on Transnational Corporations:

The African Perspectives" (E/ECA/TOCTC/7.0) ; and

The Report of the African H^^Hj^b « a Code of Conduct for

Transnational Corporations (E/ECA/UNCTC/2/j.

S. The aeeting, having considered the ^-ation presented ^^^Z

importance of the code of conduct m their future "*E Africa's major

^S^^^rr^^^i of the code of conduct.