China, Mexico and Russia are just some of the countries represented at this year’s G20 summit which are failing to enforce their laws and promises against corruption, and in particular foreign bribery. International bribery is one of the many ways in which corruption heavily impacts sustainable development and economic growth. It hinders fair access to markets as well as progress on today’s most pressing issues like education, healthcare, gender equality and the climate crisis. To make economic development work for all, anti-corruption should be mainstreamed into every decision and policy. G20 governments must enable clean contracting provisions, publish open registers of beneficial owners of companies, and create strong whistle-blower protection. G20 leaders must focus on implementing their commitments and not feel tempted just to keep making more promises.
Global: post-G20 foreign bribery unchecked
Written by David Fletcher 05 Jul 2019Additional Info
- Pray: for nations to take concrete action against lost public money, dodgy procurement, and anonymous shell companies. (Proverbs 22:1)
- More: www.transparency.org/news/feature/exporting-corruption-2018
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