U.S. turns to the OECD

Article Abstract:

The US is soliciting the support of industrialized countries in the Organization for Economic Cooperation and Development (OECD) for binding rules to protect foreign investments. It turned to OECD members after meeting with resistance from some Asian developing countries, which apparently have reservations about hosting foreign investments. The efforts of the US and OECD have paid off, as a Multilateral Agreement on Investments (MAI) is expected to be wrapped up by the first half of 1997. Some Asian countries which did not sign the MAI are counting on the nonbinding investment principles adopted by the Asia Pacific Economic Cooperation.

Foreign Investment Regulations, Laws, regulations and rules, Organization for Economic Cooperation and Development, Foreign investment laws

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U.S. plan to end preferential trade treatment for Malaysia sparks contention over timing

Article Abstract:

Several sectors are questioning the timing of the US' plan to scrap Malaysia from a list of countries eligible for preferential trade treatment. US importers of Malaysian products are suggesting a three-year phaseout, pointing out that around $5 billion in Malaysian shipments entered the US under the generalized system of preferences program in 1994. On the other hand, Malaysian regional economists expect the loss of privileges to reduce export competitiveness, particularly in timber-related industries.

Trade Preferences, United States, Evaluation, International trade, Malaysia, United States foreign relations, Tariff preferences, Malaysian foreign relations

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Comparison shopping takes hold: governments develop strategies to lure investment dollars

Article Abstract:

Cash-strapped governments in the Asian region are turning to the private sector to help finance infrastructure projects. To assist Asian countries in their efforts, the World Bank has been helping create a more hospitable environment for private infrastructure investment. In doing so, it has identified a number of issues that can hamper the development of privately funded infrastructure. These include foreign exchange restrictions, lack of mortgage security and shaky contractual arrangements.

Administration of Urban Planning and Community and Rural Development, Investment Incentives to Foreign, Public Works Projects NEC, Planning, Public works, Finance, Investment incentives

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