Saturday, July 18, 2009

EBS Foreign bribery and OECD countries: a hollow commitment?


The overwhelming majority of the world’s leading exporting nations is failing to fully enforce a ban on foreign bribery, reveals Transparency International’s (TI) 2009 OECD Anti-bribery Convention Progress Report.

The fifth edition of the yearly report shows that just four of 36 countries party to the OECD Anti-Bribery Convention are active enforcers. There is moderate enforcement in 11 and little to no enforcement in the 21 remaining countries. Such performance throws into question governments' commitments and threatens to destabilise the definitive legal instrument to fight international bribery.

In 1997, the member states of the OECD adopted the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions. Hailed as a landmark event in the fight against international corruption, the Convention represented a collective commitment to ban foreign bribery by the governments of the leading industrialised states, which account for the majority of global exports and foreign investment. The Convention entered into force in 1999 and now has 38 parties.

See full Press Release.