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Policy Dialogue
Fighting corruption in global trade






EVENT
Thursday, 19 June 2014







The Transatlantic Trade and Investment Partnership (TTIP), which is presently being negotiated between the EU and the US, aims to remove trade barriers in a wide range of economic sectors, making it easier to buy and sell goods and services between the EU and the US. Due to the close relation between bribery and corruption on the one hand and international trade on the other, the TTIP negotiations could open the door for renewed anti-corruption legislation. This Policy Dialogue focuses on what TTIP could mean for the fight against corruption in global trade. Transparency International believes it could be a major step forward because TTIP could set a benchmark for future trade agreements. However, in order for TTIP to be successful, comprehensive anti-corruption and anti-bribery measures – and provisions to effectively implement and enforce them – have to be included, especially in the areas of customs and public procurement, which are prone to corruption. And even then, TTIP will be no silver bullet.



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