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Press Statement
Richard Boucher, Spokesman
Washington, DC
October 2, 2003


Successful Completion of the UN Convention Against Corruption

2003/1001

The United States welcomes the completion of negotiations for the convention. We have been an active participant during the entire 2-year negotiation process, and have been committed to working with the 130 participating governments to produce a Convention that can have truly global acceptance and application. The final text contains a wide range of provisions that will strengthen international efforts to fight corruption -- in which the United States Government is already a leader -- and complement ongoing existing international initiatives in the G-8, OECD, OAS, and other multilateral fora.

The convention contributes to a number of general areas relating to a government's anticorruption efforts; including:

  1. Criminalization:   requires governments to criminalize the bribing of their own and foreign public officials and other corruption-related crimes such as embezzlement and money laundering.
  2. Prevention:   requires governments to take a number of measures to prevent corruption, including those that promote integrity among their public officials and increase the participation of civil society in the fight against corruption.
  3. International cooperation, including with respect to asset recovery:   provides a practical channel for governments to work together to extradite persons and exchange evidence regarding corruption offenses, and recover assets illicitly acquired by corrupt public officials.
  4. Cooperation in implementation:   creates a vehicle for governments to monitor implementation of the convention and to share expertise and provide technical assistance relating to their anticorruption efforts.

The United States Government will, like other participants in the negotiations, take home the final text and initiate a formal process to review the text and make a decision on signature.

Released on October 2, 2003

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