Anti-Corruption Measures in International Trade: Legal Mechanisms to Combat Economic Crime

Аннотация

This paper examines the critical role of anti-corruption measures within the framework of international trade, focusing on the legal mechanisms designed to combat economic crime. Corruption poses a significant barrier to equitable trade and sustainable economic development, undermining the integrity of markets and eroding public trust in institutions. This study reviews existing international treaties, national legislation, and regional agreements that aim to mitigate corruption's impact on trade practices. Key instruments such as the United Nations Convention Against Corruption (UNCAC) and the OECD Anti-Bribery Convention are analyzed for their effectiveness in fostering transparency and accountability among trade partners. Furthermore, the paper explores innovative approaches, including the implementation of compliance programs and whistleblower protections, which empower stakeholders to report corrupt practices without fear of reprisal. The interdependence of trade and legal frameworks is emphasized, highlighting the necessity of collaborative efforts among nations to enhance the enforcement of anti-corruption laws. Case studies illustrate successful initiatives and the challenges faced by countries in adopting robust anti-corruption strategies. Ultimately, the paper advocates for a comprehensive, multi-faceted approach that not only targets corruption in trade but also promotes ethical business practices and governance reform. By aligning legal mechanisms with international best practices, countries can create a more transparent and competitive trading environment, thus contributing to global economic stability.