International campaign against the Multilateral Agreement on Investment 1996-98
In September of 1995, international negotiations began on a draft agreement called the Multilateral Agreement on Investment (MAI). The document was being negotiated by members of the Organization for Economic Cooperation and Development (OECD). The stated goals of the agreement were to establish a set of multilateral rules for foreign investment that would govern the process in a more structured, systematic way. Up until the draft, foreign investment agreements were established on a country-by-country bilateral basis.