Binding treaty

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In June 2014 at its 26th session, the UN Human Rihts Council in Geneva adopted a resolution drafted by Ecuador and South Africa. An open-ended intergovernmental working group with the mandate to elaborate an international legally binding instrument on Transnational Corporations and Other Business Enterprises with respect to human rights, chaired by Ecuador, was subsequently established. The first session of the open-ended intergovernmental working group (IGWG) took place from 6 to 10 July 2015 in Geneva.  A second session was held in October 2016, and a third session in October 2017. Elements for the draft  legally binding instrument were issued by the Chair in September 2017, and a Zero Draft was presented in July 2018 (a summary of the Zero Draft is available here). A fourth IGWG session will be held in Geneva in October 2018.