G8 Hokkaido Summit Leaders Declaration

Sectors : Economic governance and public finance management, Conflict resources
Organisation : G8
Date made: 
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Commitments in: Governance - Economic governance and public finance management

“15. To promote improved transparency, accountability, good governance and sustainable economic growth in the extractive sector, and to address the natural resource dimensions of armed conflict and post-conflict situations, we:...

...(b) promote improved resource management including fiscal transparency and legislative oversight by resource-rich countries through supporting international financial institutions’ efforts to develop international standards and codes to be voluntarily adopted by those countries, and technical assistance, as appropriate; and

(c) support international efforts to respond more effectively to the natural resource dimensions of conflict and post-conflict situations..."


“...17. We will advance existing anti-counterfeiting and piracy initiatives through, inter alia, promoting information exchange systems amongst our authorities, as well as developing non-binding Standards to be Employed by Customs for Uniform Rights Enforcement (SECURE) at the World Customs Organization…We will promote practical cooperation between our countries to develop tools to combat new techniques in counterfeiting and piracy and spread best practices...

...19. ...we will redouble our efforts to deny safe havens through our national laws to public officials found guilty of corruption and strengthen international cooperation on asset recovery including supporting initiatives of relevant international organizations such as the Stolen Asset Recovery (StAR) Initiative promoted by the World Bank and United Nations Office on Drugs and Crime (UNODC)…We will also strengthen enforcement of the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions with the commitment to continue effective monitoring through the implementation of a rigorous and permanent peer review mechanism and call for accession to the Convention by emerging countries...

...67. We reaffirm our commitment to preventing and combating transnational organized crime using all means at our disposal, while ensuring the rule of law and respect for human rights. We will strengthen our cooperation, including experience-sharing, to fight against transnational organized crime, including trafficking in persons, smuggling of migrants, illicit manufacturing of and trafficking in firearms, illicit traffic in narcotic drugs and psychotropic substances, cybercrime and money laundering.”