Nov 4, 2015, 8:45 AM

States, private sector make efforts to tackle corruption

States, private sector make efforts to tackle corruption

MOSCOW, Nov. 04 (MNA) – About three thousand delegates continue to debate at the Sixth Session of the Conference of the States Parties to the United Nations Convention against Corruption (UNCAC) in St. Petersburg, Russia, in order to strengthen the interaction between the state and the privates sector in the fight against corruption.

Official representatives from Member States, parliaments, inter-governmental organizations, civil society, the private sector and journalists from different continents, seek to agree on collective actions to tackle the global scourge during the world’s most important anti-corruption meeting which will have sessions until Friday.

Russian Minister of Justice Alexander Konovalov’s address in the opening day ratified Russia’s international commitment in the fight against corruption and the willingness to cooperate with other nations in this sense.

Moscow is willing to strengthen cooperation through the United Nations International Convention and security bodies’ channels.

He added that the damages caused by corruption reach between 10 and 20 percent of the Gross Domestic Product, in accordance with different estimations.

He pointed out that in a comprehensive analysis are not only important the impact numbers, but how this phenomenon can stimulate a number of distorted relations within the system.

According to UN Secretary General Ban Ki-Moon, "the malicious impact of corruption makes peoples’ lives more expensive; it erodes consumer confidence and business credibility; it depletes public funds and destroys prospects for a fair society. Corruption also facilitates other crimes, including human and illegal wildlife trafficking, and terrorism".

In a message delivered on Monday by the Executive Director of the UN Office on Drugs and Crime (UNODC), Yury Fedotov, the Secretary-General underlined that ending corruption and bribery is crucial for achieving the 2030 Agenda for Sustainable Development.

Until next Friday, the international conference will include multilateral meetings, special seminars and panels to discuss efforts to tackle corruption under the approach of the policies implemented by signatory States of the Convention.

 

sus/cbr/lam/jpm

PL-24/MNA

 

News ID 111634

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