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This update provides information on recent developments on the draft Multilateral Agreement on Investment (MAI) and Oxfam GB’s position on it. Oxfam had fundamental concerns with the draft MAI relating to its scope, process, principles and provisions. Our analysis led us to conclude that the draft MAI was a seriously unbalanced agreement that would be likely to exacerbate inequality and social tensions, thereby reducing business confidence and the prospect of environmentally-sound, pro-poor development in the long run.


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