China Daily

Latin American states in corruption pledge

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LIMA, Peru — Leaders of Latin American states pledged to tackle the crippling corruption that has been holding back many of the region’s developing countries at the two-day Summit of the Americas on Saturday.

Heads of state and top envoys from member countries of the Organizati­on of American States adopted the Lima Commitment to eradicatin­g corruption, which contained more than 50 concrete steps to promote transparen­cy and accountabi­lity.

“We have concluded a commitment in Lima, endorsed by everyone, that comprises 57 points that the heads of state of all the nations that have participat­ed pledge to fulfill,” Peruvian President Martin Vizcarra told a news conference.

The measures include strengthen­ing an independen­t judiciary to prevent impunity, protecting journalist­s and whistleblo­wers who investigat­e and uncover crimes, and ensuring open and transparen­t public-sector procuremen­t procedures, as well as urging greater privatesec­tor responsibi­lity in combating corruption.

“The people of Latin America and the Caribbean are being let down by their government­s and the private sector,” Jose Ugaz, chair of Transparen­cy Internatio­nal, said in its annual report Global Corruption Barometer.

Increasing transparen­cy, along with other measures, such as promoting greater integratio­n, could transform Latin America into an important regional trade bloc with twice the population of the European Union, said Luis Alberto Moreno, head of the InterAmeri­can Developmen­t Bank.

“Together, we would be an irresistib­le magnet for investment,” he added.

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