United Nations
A/RES/55/188
General Assembly
Distr.: General
25 January 2001
Fifty-fifth session
Agenda item 93
Resolution adopted by the General Assembly
[on the report of the Second Committee (A/55/580)]
55/188. Preventing and combating corrupt practices and illegal
transfer of funds and repatriation of such funds to the
countries of origin
The General Assembly,
Recalling its resolutions 53/176 of 15 December 1998 on action against
corruption and bribery in international commercial transactions, 54/205 of
22 December 1999 on the prevention of corrupt practices and illegal transfer of
funds and 55/61 of 4 December 2000 on an effective international legal instrument
against corruption,
Concerned about the seriousness of problems posed by corruption, which may
endanger the stability and security of societies, undermine the values of democracy
and morality and jeopardize social, economic and political development,
Recognizing the importance of international cooperation and existing
international and national laws for combating corruption in international commercial
transactions,
Noting with appreciation the recent adoption of the United Nations Convention
against Transnational Organized Crime and its two protocols, 1
Recognizing the important role of the business community, including, in
particular, the private sector, in enhancing the dynamic process of the development
of the agricultural, industrial and service sectors and the need to create an enabling
environment at the national and international levels for business in order to facilitate
economic growth and sustainable development of developing countries, most
especially African countries, taking into account the development priorities of
Governments,
Mindful of the very important role that the private sector can play in fostering
economic growth and development and of the active involvement of the United
Nations system in facilitating the constructive participation and orderly interaction
of the private sector in the development process by embracing universal principles
and norms, such as honesty, transparency and accountability,
1
00 57061
Resolution 55/25, annexes I-III.