What Is NCP

06 Eylül 2018

NATIONAL CONTACT POINT of OECD GUIDELINES for MULTINATIONAL ENTERPRISES 

OECD adopted the Guidelines for Multinational Enterprises (“the Guidelines”) in 1976, which is one part of a broader OECD investment instrument called the Declaration on International Investment and Multinational Enterprises. The Guidelines comprise a set of recommendations by Governments to multinational enterprises (MNEs) to voluntarily adopt to promote positive contributions to economic, social and environmental progress. 


The Guidelines cover comprehensive chapters on human rights, environment, labor, anti-bribery, corporate governance, disclosure, supply chain management, and taxation.  Today, 34 OECD member countries and 12 non-member countries have voluntarily adhered the Guidelines.


The Guidelines are supported by an implementation mechanism of National Contact Points (NCPs). Adhering governments are obliged to set up NCPs with responsibility to increase awareness and effectiveness of the Guidelines throughout the society. Within this purpose, NCPs carry out promotional activities, handle enquiries, and contribute to the resolution of issues that arise from the alleged non-observance of the Guidelines in specific instances. By providing this contribution, NCPs are supposed to make necessary assessments and providing an available conditions for good office to the parties. The NCPs committed to work in impartial, transparent and predictable way in compliance with general principles of the Guidelines. 


It is important to note that the Guidelines are not laws. Observance of the Guidelines by enterprises is voluntary and not legally enforceable. The NCPs have no judicial or quasi-judicial status or powers to resolve specific instances. The NCPs contribute to the resolution of issues that arise relating to implementation of the Guidelines in specific instances by offering good offices to the parties involved upon their consent. 


Turkish NCP functions under the mandate of Ministry of Economy, General Directorate of Foreign Investment and Incentives.