ACKNOWLEDGING that:
corruption including bribery, offenses such as money laundering, and inequitable and
inefficient tax systems erode the foundations of a prosperous, inclusive, and stable
economic order across the Indo-Pacific region, by degrading public and private
institutions and compromising their independence and integrity; exacerbating wealth gaps and disparities; eroding the investment climate; disrupting international commerce, trade, and investment; undermining labor rights; and ultimately, weakening democracy and the rule of law; and
More infomation: Indo- pacific economic framework for prosperity agreement relating to a fair economyIPEF-PIV-Fair-Economy-Agreement