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OECD addresses issue of sovereign wealth funds

The Organisation for Economic Co-operation and Development, a group composed largely of wealthy nations, plans to urge its members not to use national security concerns as an excuse to block investments from sovereign-wealth funds.

The growth of sovereign-wealth fund investments raise "legitimate concerns in recipient countries about protecting national security," said the OECD report. But such concerns "should not be a general escape clause from [countries'] commitments to open investment policies."

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