Inter-American Development Bank President Enrique V. Iglesias and the secretary general of the Organization of American States, César Gaviria, today signed an agreement to promote the prompt ratification and implementation of the Inter-American Convention Against Corruption.
The two organizations are co-financing the project with a contribution of $105,000 each.
Among the activities of the program will be a series of workshops in several countries to raise awareness of the importance of ratifying and implementing the convention.
Signatories of the Inter-American Convention Against Corruption pledged to take several steps to curb corrupt practices, including extradition and limitations on bank secrecy. The signatories also pledged to punish acts of international bribery.