Category: News

APEC Ministers encourage stakeholders to implement APEC's principles for codes of business ethics

APEC Ministers met in Bali, Indonesia on 5 October 2013. Their annual statement encourages all stakeholders to implement APEC's principles for codes of business ethics.

Excerpt:

"We reaffirmed the importance and the need to enhance prevention and enforcement in addressing corruption, bribery and other financial crimes and illicit trade that imperil our security and prosperity agenda, including the safeguarding of public assets, natural resources, and human capital. We also reaffirmed our commitment to create ethical business environments that support sustainable economic growth, in particular by strengthening ethical standards, and we encouraged all stakeholders to implement APEC’s high standard principles for codes of business ethics."

Full Statement: http://www.apec.org/Meeting-Papers/Ministerial-Statements/Annual/2013/2013_amm.aspx

 

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