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.
During the 1964 Tokyo Olympics, the International Olympic Committee (IOC) banned the South African team from participating in the Olympics in order to demonstrate the unified and international disapproval of South African apartheid.