Today marked the start of the third and last meeting of the G20 Anti-Corruption Working Group (ACWG) while India was the Presidency. The event, which is being held at the city’s ITC Royal Bengal Hotel, is the first of a three-day conference intended to address pressing problems relating to corruption on a global level.
The third G20 ACWG meeting, led by India’s presidency, is set to bring together significant players, experts, and representatives from G20 member countries, together with 10 invited countries and a number of international organizations.
Delegates from 154 countries have gathered in Kolkata to discuss plans, projects, and joint actions to fight corruption, advance transparency, and preserve ethical government.
The G20 Anti-Corruption Working Group meeting, which will take place from August 9 to August 11, is scheduled to cover a wide range of topics, including discussions on cutting-edge methods for combating corruption, exchanging best practises, and fostering global collaboration.
This significant occasion will culminate in the eagerly anticipated G20 Anti-Corruption Ministerial Meeting, which is set for August 12. This ministerial conference, which will be presided over by Union Minister Jitendra Singh, will offer a forum for high-level discussions, strategic insights, and policy suggestions to advance anti-corruption activities.
The G20 Anti-Corruption Working Group (ACWG) was established in 2010 to advise G20 leaders on combating corruption.
The thematic target areas include integrity and transparency in the public and private sectors, bribery, international cooperation, asset recovery, beneficial ownership transparency, vulnerable sectors, and capacity-building.
The 19 G20 nations and the EU, as well as Singapore, Spain, and Switzerland as permanent guest nations and additional guest nations invited by the relevant chair, make up the group’s membership.
The World Bank, the International Monetary Fund (IMF), the Financial Action Task Force (FATF), the Organisation for Economic Co-operation and Development (OECD), and other international organisations and intergovernmental bodies participate as observers. Additionally, the ACWG works closely with a number of G20 participation groups, including industry and civil society (C20).
The group’s operation is guided by the St. Petersburg Strategic Framework and multi-year action plans.
Within the constraints of the action plans, the co-chairs determined the work’s focus. The group creates deliverables each year, which frequently take the form of high-level principles, collections of best practises, and instructions specific to a particular nation.
The group must also publish frequent monitoring or accountability reports and an annual progress report on its activities.