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Israel should be more proactive in detecting, investigating and prosecuting foreign bribery cases, notably those involving the defence industry, according to a new report by the OECD Working Group on Bribery.
Celebrating International Anti-Corruption Day and the 10th anniversary of the entry into force of the OECD’s Anti-Bribery Convention, Angel Gurría talks about the international fight against foreign bribery and the OECD's efforts to highlight its devastating impact.
OECD countries and the eight others who have signed the OECD Anti-Bribery Convention have committed to stepping up their fight against bribery and corruption, putting in place new measures that will reinforce their efforts to prevent, detect and investigate foreign bribery.
The OECD will host a high-level roundtable debate entitled “Foreign Bribery: Who Pays the Price?” on Wednesday 9 December 2009, International Anti-Corruption Day.
The OECD and the European Investment Bank have agreed to share their expertise in support of economic co-operation and sustainable development. OECD Secretary-General Angel Gurría and EIB President Philippe Maystadt signed a co-operation agreement to that effect today in Paris.
The OECD is pleased to see the commitment being made by the UK government to the fight against foreign bribery,” Mr Gurría said.
The global economy is recovering faster than expected but remains fragile. How quickly will global trade and investment bounce back after the sharp falls of the past year? What role can international investment play in building a stronger, cleaner, fairer global economy?
Speaking at the Institute of International and European Affairs, Mr. Gurría emphasized the OECD’s continued support of the G20, outlining our work on trade and investment, unemployment, and climate change in the wake of the financial crisis.
One of the agenda items at the G8 Summit in L’Aquila this week is expected to be a discussion of a proposed new “Global Standard” for international business dealings.
The economic crisis has generated an urgent need to restore confidence in our future and make the world economy stronger, cleaner and fairer. There is growing political consensus on the need to develop a set of common principles and standards in order to ensure a more stable and sustainable development of the global economy, according to the OECD Secretary-General.