Tuesday, December 3, 2024
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“The United States encourages additional action to combat foreign bribery though effective investigation and prosecution.”

The United States is as take lead `Fight against Foreign Bribery and Transnational Corruption’ To counter this crime, the United States works with the 44 member nations of the Working Group on Bribery of the Organization for Economic Cooperation and Development (OECD).  

Today, the Working Group issued its Phase 4 Report of the United States, which highlights the sustained and outstanding commitment of the United States to enforcing its foreign bribery laws and aiding the global fight against corruption.  The report underscores the roles of the U.S. Departments of State, Justice, and Commerce, and the Securities and Exchange Commission in the effective enforcement of foreign bribery statutes through cooperation in investigating and prosecuting foreign bribery cases, and the deployment of resources and expertise to the issue.

The US state Department’s Principle Deputy Spoke person CALE BROWN said in a statement,

“The United States encourages all governments, and in particular, Working Group members, to take additional action to combat foreign bribery though effective investigation and prosecution.”

The State Department’s Bureau of Economic and Business Affairs heads the U.S. delegation to the OECD Working Group on Bribery and coordinates interagency policy on leveling the playing field for U.S. business and improving governance by fighting bribery in international business. 

The United States has long been a global leader in combatting foreign bribery, and our efforts are a key pillar of U.S. anti-corruption efforts.  Bribery hinders the clean and competitive functioning of the global economy, distorts markets, and raises the cost of doing business around the world. 

STATEMENT_-The-United-States-Leads-the-Fight-Against-Foreign-Bribery-and-Transnational-Corruption-kisslu1@gmail.com-Gmail-1

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