Bribery and corruption

Preventing bribery through export credits

 

The OECD provides a forum for discussion and co-ordination of national export credit policies, including the anti-corruption measures applied by Export Credit Agencies. These institutions, acting for or on behalf of governments, support exports by providing insurance, loans and loan guarantees for export sales.

The The OECD Anti-Bribery Convention requires governments to take action to deter and sanction bribery of foreign public officials in transactions supported by official export credits.

In the 2006 Recommendation on Bribery and Export Credits, OECD countries agreed to adopt further concrete measures to deter and detect possible bribery in the export transactions that they support. They monitor implementation of the Action Statement through an ongoing peer review process.

 

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