Long abstract

Policy Brief: Fighting Bribery in International Business Deals

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.

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Fighting foreign bribery