Latvia has completed the process to become a member of the Organization for Economic Co-operation and Development's Anti-Bribery Convention. On May 30, Latvia will become the 41st party to join the Convention.
“Joining the Convention will enable Latvia to play a more active role in global efforts to tackle bribery and corruption,” OECD Secretary-General Angel Gurría said in a statement. “It also marks an important step in strengthening Latvia's ties with the OECD in the current accession process to our organization.”
The OECD invited Latvia to join the OECD Working Group on Bribery in September 2013 and to take the necessary steps to become a party to the Convention, following the opening of talks in May 2013 for Latvia to become an OECD member.
Latvia will undergo systematic reviews on the implementation of its anti-bribery laws, starting with a first examination in June 2014.
In addition to Latvia, the 34 OECD member countries plus Argentina, Brazil, Bulgaria, Colombia, Russia, and South Africa are parties to the Convention.
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