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Steering group kicks off

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4 October, 2000World company councils and corporate codes of conduct are high on the agenda of IMF Steel Industry Steering Group.

GENEVA: The inaugural meeting of the IMF Steel Industry Steering Group kicks off tomorrow, October 6, at the IMF's headquarters in Geneva.
As well as determining the role of the Steering Group itself, the meeting will discuss one of the key issues raised in the IMF's Action Programme, i.e. the need to establish World Company Councils for some of the leading multinational steelmaking companies and to introduce IMF Corporate Codes of Conduct which will guarantee basic trade union and workers' rights.
Countries represented at the meeting, chaired by Mike Leahy, president of the IMF Iron, Steel and Non-Ferrous Metals Department, are: Australia, Belgium, Brazil, the Czech Republic, France, Germany, Great Britain, Italy, Japan, the Netherlands, Russia, Sweden and the USA.
Proposals to set up a steel industry steering group were agreed in the Declaration of the IMF World Steel Conference, held last April in Washington, D.C.