OECD Convention on Combating Bribery

The OECD Convention on Combating Bribery is an international agreement that aims to prevent and fight corruption by making it illegal for companies and individuals to bribe foreign officials. It encourages countries to establish laws and enforcement practices to detect, investigate, and prosecute foreign bribery cases. The convention promotes fair business practices, transparency, and integrity in international transactions, helping to level the playing field worldwide and reduce corruption that can hinder economic development and good governance.