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30 Am. U. L. Rev. 923 (1980-1981)
International Rules for Multinational Enterprises: The ICC, OECD, and ILO Initiatives

handle is hein.journals/aulr30 and id is 933 raw text is: INTERNATIONAL RULES FOR MULTINATIONAL ENTERPRISES: THE ICC, OECD, AND ILO INITIATIVES NORBERT HORN* INTRODUCTION For some years, rules promulgated by international organizations for multinational enterprises (MNE's) have been in existence and, in vary- ing degrees, operative. These rules are set forth in documents prepared by the International Chamber of Commerce (ICC), the Organization for Economic Cooperation and Development (OECD), and the Interna- tional Labor Organization (ILO). This article will provide some basic information regarding these documents and their operation in practice. This article also seeks to appraise their legal characteristics, their ex- isting or prospective impact on international business, and their contri- bution to United Nations efforts to develop a code of conduct for transnational corporations.' * Professor of Law and Director, Center for Interdisciplinary Research, University of Biele- feld, Federal Republic of Germany. This article is based on a paper submitted to a Workshop on International Law and the Multinational Corporation, co-sponsored by the New York University School of Law and the British Institute for International and Comparative Law, held in London, August 1980. 1. The first formal discussion in the United Nations of multinational enterprise activity was occasioned by Chile's complaint to the Economic and Social Council concerning ITT in 1972. 53 U.N. ESCOR (1822th mtg.) 19,22, U.N. Doc. E/SR.1822 (1972). As a result of this discussion, the Council directed the U.N. Secretary General to appoint a group of eminent persons to study and report on the international role of multinational enterprises. ECOSOC Res. 1721, 53 U.N. ESCOR Supp. (No. 1) 3, U.N. Doe. E/5209 (1972). Their report was submitted in 1974. Report of the Group of Eminent Persons, The Impact of Multinational Corporations on Development and on International Relations. U.N. Doc. E/5500/Rev. 1, ST/ESA/6 (1974). As a result of the Report, the United Nations established the Commission on Transnational Corporations. ECOSOC Res. 1913, 57 U.N. ESCOR, Supp. (No. IA) 31, U.N. Doc. E/5570/Add. 1 (1975). The Commission recommended the establishment of an Intergovernmental Working Group to formulate a code of conduct. 61 U.N. ESCOR, Supp. (No. 5) 3, U.N. Doc. E/C.I0/16 (1976). In 1978, the Intergov- ernmental Working Group issued a draft code of conduct that has served as the basis for further discussions. U.N. Commission on Transnational Corporations, Transnational Corporations: Code of Conduct; Formulations by the Chairman, U.N. Doe. E/C.10 2/8 (1978). Se Baade, Coder of Condud for Multmalional Enterrire.r: An Infrodudeoq SutzW in LEGAL PROBLEMS OF CODES OF CON- 923

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