Public and private sectors join forces to fight corruption in Egypt

 

Cairo, 25-26 March 2012

 

Business Roundtable 25 March 2012

 

The business-only roundtable held on 25 March 2012 brought together representatives from Egyptian and foreign businesses operating in Egypt interested in becoming actors in the fight against corruption. Following a presentation of an anti-corruption study in Egypt, participants were able to engage in discussions over the recent anti-corruption efforts. A session on enhancing public-private dialogue encouraged linkages between businesses to promote collective action and institutionalised exchanges with the government on the means to increase integrity in business. Participants were able to formulate recommendations which they were able to present to government representatives the following day.

A capacity building session in the afternoon highlighted measures and tools available to business to limit exposure to corruption and to support prevention and response initiatives, with a view to improving integrity and transparency in business.

This roundtable builds on the outcome of the previous discussions on The Private Sector’s Role in Fighting Corruption: Challenges and Remedies for the Egyptian Business Community, held on 21 November 2011 in Cairo.

 

Multi-stakeholder Consultation 26 March 2012

The multi-stakeholder consultation held on 26 March 2012 brought together representatives from the government, business and civil society. The economic impact of corruption was discussed, as was the recent efforts by the Egyptian government in the fight against corruption. The consultation benefited from the participation and experiences of anti-corruption experts from the OECD and other international organisations. Participants in the consultation also engaged in discussions on the means to enhance public-private dialogue, a key element in ensuring a transparent business climate.


Both events were by invitation only and were held under Chatham House rules.

Objectiveswere to:

• Highlight the economic impact of corruption in Egypt;
• Raise awareness of international integrity standards that have tangible consequences for government and for the business community;
• Bring forward measures and tools to improve integrity and transparency in business, and to foster a culture of integrity and compliance;
• Address structural obstacles in order to support the integrity framework, building notably on the principles of transparency, participation and accountability;
• Encourage linkages between anti-corruption institutions in view of promoting effective mechanisms for co-ordination; and
• Support the development of a constructive and institutionalised dialogue between various stakeholders.

 

These meetings were organised by MENA-OECD, and supported by the Egyptian Junior Business Association, the Federation of Economic Development Associations and the Center for International Private Enterprise.

 Background documentation

 


Draft conclusions: The Private Sector's Role in Fighting Corruption, 21 November 2011