HIGHLIGHTS: APEC Business Coalition Anti-Corruption Agenda

Rappler.com

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HIGHLIGHTS: APEC Business Coalition Anti-Corruption Agenda
Corruption continues to plague markets around the world and is estimated to cost the global economy approximately $1 Trillion annually.

In 2004, the Asia-Pacific Economic Cooperation’s leaders agreed that their economies should nurture and sustain good governance, economic development, and prosperity by ensuring transparency and fighting corruption. This was reaffirmed in Beijing in 2014.

APEC’s Anti-Corruption and Transparency Working Group (ACTWG) continues to seek new ways to tackle corruption by promoting international cooperation in prevention, enforcement, rule of law, and cultures of integrity within and across economies, markets and supply chains.

In this roundtable, business stakeholders, government and multilateral organizations can potentially lay the groundwork for broader rule of law discussions, looking forward to Peru’s hosting of APEC in 2016.

Ombudsman Conchita Carpio-Morales, Rappler CEO Maria Ressa, Institute of Corporate Directors Chairman Jesus Estanislao, Makati Business Club Chair Ramon del Rosario, and 2016 APEC Business Advisory Council Chair Juan Francisco Raffo, and US Department of Commerce Deputy Secretary Bruce Andrews talk about their lessons in fighting corruption. – Rappler.com

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