"Corruption acts cost more than 5% of the world GDP and corruption is the biggest obstacle to development." The World Bank
The PACI helps to consolidate private sector efforts to fight bribery and corruption and shape the evolving regulatory framework.
On world anti-corruption day on 9 December 2005, the PACI, the International Chamber of Commerce, Transparency International and the UN Global Compact 10th Principle agreed to coordinate their efforts to support business' fight against corruption and bribery. Joint statement on collaboration I Press release
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