USCIB Director for Investment, Trade and Financial Services Eva Hampl was in Paris the week of March 26, participating in the Organization for Economic Cooperation and Development’s (OECD) Global Anti-Corruption and Integrity Forum, during which she moderated a panel on “Integrity & Trade: No Need to Grease the Wheels,” which focused on the relationship between trade facilitation and opportunities for corruption at the border.
Other speakers included Senior Trade Policy Analyst at the OECD Evdokia Moise, Policy Director of Trade Negotiations at the Ministry of Foreign Affairs of Norway Benedicte Fleischer, Capacity Building Director at the World Customs Organization (WCO) Ernani Checcucci, and Director, ABAC Governance and External Engagement at GlaxoSmithKline Gonzalo Guzman. Hampl noted the importance of trade running smoothly for USCIB member companies.
“Corruption is a cost to business and companies invest in compliance systems, however there are limitations to what business can effect internally,” said Hampl. “The customs border presents many opportunities for corruption. One vehicle to address these issues, of course, is the WTO Trade Facilitation Agreement. USCIB has been very active in promoting the ratification of the agreement with U.S. FTA partners, as well as within the Asia Pacific Economic Cooperation (APEC). As always, implementation is the key, and robust implementation is required to achieve the full benefits of the agreement.”
Moise presented preliminary work by the OECD that is being conducted in this space, addressing issues like automation and the relationship to corruption. Following the presentation, panelists and audience participated in a debate to address the various issues surrounding the topic, including transparency, the TFA and other global efforts.
“The general consensus after the panel was that while much is already being done, still more must be achieved, particularly when it comes to collaboration between governments, business, and civil society,” noted Hampl.