Policy Brief: Fighting Bribery in International Business Deals

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Series Details October 2009
Publication Date October 2009
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Bribing public officials to obtain advantages in international business raises serious moral and political concerns, undermines good governance and sustainable economic development, and distorts international competition.

For more than a decade, the OECD has played a leading role in the battle against bribery and corruption in international business. The OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions (“the Convention”) requires its signatory countries to make it a crime to bribe a foreign public official in exchange for obtaining, or retaining, international business. Focusing on the “supply side” of bribery – the person or entity who offers, promises or gives a bribe – the Convention helps to build a stronger alliance among governments, businesses and citizens working towards transparent and honest business transactions.

Source Link Link to Main Source http://www.oecd.org/dataoecd/54/2/43866715.pdf
Related Links
OECD: Bribery in International Business http://www.oecd.org/dataoecd/54/2/43866715.pdf
EUObserver, 7.9.12: Report: Bribe money for contracts not prosecuted enough in EU http://euobserver.com/justice/117462
Transparency International: Press Release, 6.9.12: SFO Resource deficit endangers anti-bribery effort http://www.transparency.org.uk/news-room/press-releases/13-press-release/341-sfo-resource-deficit-endangers-anti-bribery-effort
TI: Exporting Corruption, 2012 http://files.transparency.org/content/download/510/2109/file/2012_ExportingCorruption_OECDProgress_EN.pdf

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