Economic Recovery

Indonesia to lead G20 talks on anti-corruption

(Xinhua)
Updated: 2010-11-09 15:08

JAKARTA - Indonesia has been elected as co-chair of the Group of 20 (G20) Working Group on Anti-corruption for the group's summit meeting in Seoul next week, the Jakarta Post quoted an vice minister as saying on Tuesday.

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Deputy Trade Minister Mahendra Siregar said in Jakarta on Monday that the Working Group (WGAC) would meet on the sidelines of the G20 summit from Nov 11-12 in Seoul, South Korea, with the main agenda to discuss efforts to improve the accountability, credibility and transparency of the global financial system.

"The recent global financial downturn has warned us that efforts to improve the accountability, credibility and transparency of the global financial system are necessary," he told a press conference at his office in Jakarta.

He said Indonesia was happy that the upcoming G20 summit included a discussion on anti-corruption as its prioritized agenda. Global cooperation on corruption eradication would strengthen the country's efforts in combating corrupt practices among its institutions.

"The war against corruption will not succeed without good global cooperation," he said, adding that the working group would be chaired by France.

The WGAC was among the most significant outcomes of the G20 summit in Toronto in June 2010.

The working group attempts to strengthen the implementation of the United Nations Convention Against Corruption (UNCAC) by adopting and enforcing law and other measures against international bribery and promoting the implementation of rules to protect whistle blowers.