Twenty-nine Countries Agree on OECD Anti-Corruption Convention and Other International Initiatives Progress

On November 20, 1997, at the Negotiating Conference on Combatting Bribery of Foreign Officials in International Business Transactions in Turku, Finland, thirty-four governments (twenty-nine OECD countries plus Argentina, Brazil, Bulgaria, Chile, and the Slovak Republic) reached agreement on the Convention on Combatting Bribery of Foreign Public Officials. Meanwhile, several other initiatives by international organizations, governments, and non-governmental organizations are slowly but decisively changing the ground rules for obtaining and continuing government procurement and related business... [more]