Category: Multilateral Development Banks

Export credit agencies’ graft crackdown stalls

(February 15, 2006) New international anti-bribery guidelines for export credit agencies were due to be agreed in principle early next month. Opposition from Berlin and Tokyo, plus several smaller countries, means the decision will now be delayed by months, if not years, according to officials close to the negotiations, which are taking place in the Paris-based Organisation for Economic Co-operation and Development.