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Prohibiting bribe payments to foreign political parties
Transparency international
Transparency international
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"A group of 28 individuals from nine countries from the private sector, public institutions and civil society met at the invitation of Transparency International (TI) at the Villa La Pietra, Florence, Italy, from 12-14 October 2000. The purpose of the meeting was to review issues relating to corruption and political party financing, particularly in the context of the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions. The participants are convinced that political party corruption is a major problem in most countries around the world - in industrialised countries as well as in developing countries and countries in transition. Bribe payments to party officials have played an important role in major bribery scandals around the world. In the established democracies, political corruption contributes to a growing disillusionment with democratic processes, evidenced by declining levels of voter participation. In the emerging democracies and countries in transition, political corruption, often fed by corruption in international business transactions, poses an even greater threat to the sustainability of democratic institutions. Participants agree that the present process of expansion of international business must be accompanied by the development of effective international standards of conducts. This is increasingly recognised in the fields of corporate governance, competition policy and rules for accounting and audit. Participants believe that expanding international trade must also be accompanied by effective measures against corruption, and they commended the OECD for its leadership role in the adoption of the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions. Concerns were expressed that the Convention's prohibition of bribe payments to foreign public officials does not fully prohibit bribe payments made to foreign political party officials. Participants recognise that payments to political parties may be used to circumvent the intended impact of the Convention."
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2000-10
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With permission of the license/copyright holder