The Multilateral Agreement on Investment (MAI)began to be negotiated in the OECD in May 1995 to further liberalize FDI and provide greater security to MNCs.It was based on two central principles:

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The Multilateral Agreement on Investment (MAI) was based on two central principles - national treatment and most favored nation. National treatment means that foreign investors should be given the same treatment as domestic investors, and most favored nation means that foreign investors should be treated no less favorably than investors from any other country. These principles aimed at further liberalizing foreign direct investments and providing greater security to multinational corporations.

The Multilateral Agreement on Investment (MAI)began to Be Negotiated in the OECD