Friday, November 21, 2014

APEC’S ACT-NET


At the last APEC in Beijing, the Asia Pacific countries agreed to cooperate on the extradition of corrupt officials, enhance asset recovery efforts and establish an anti-corruption transparency network to share intelligence on graft.
The network, called the APEC Network of Anti-Corruption Authorities and Law Enforcement Agencies (ACT-NET), is the first such network that members of the APEC group has worked to set up. This was led by China and also pushed forward by the United States.
The network would be an informal one “for sharing information” among anti-corruption and law enforcement authorities in the Asia-Pacific region, according to a statement issued by the APEC members.
The agreement commits the 21 member economies in the Asia-Pacific region, including China and the United States, to “deny safe haven to those engaged in corruption, including through extradition, mutual legal assistance and the recovery and return of proceeds of corruption”.
The agreement comes as Chinese President Xi Jinping seeks to widen his far-reaching graft campaign to nab suspects who have fled abroad, particularly those who have taken their ill-gotten gains with them. Last month, China said it had captured 180 people suspected of committing economic crimes in a campaign called “Operation Fox Hunt”.
“We believe that this cooperation is a major step forward,” US Secretary of State John Kerry said at a news briefing. “Corruption not only creates an unfair playing field, it not only distorts economic relationships, but corruption also steals from the people ... who believe the system can work for everyone.”
It is unclear if the agreement will curb corruption in the Free World. Western governments have balked at setting up extradition deals with China because torture is often used by Chinese legal authorities in extracting confessions, and capital punishment is widely meted out for corruption crimes.
The agreement also said it would “establish measures and systems to protect whistleblowers”.
It is uncertain how the agreement would work among countries that do not have mutual extradition treaties. China has extradition treaties with 38 countries, but not the United States, Canada or Australia - the three most popular destinations for suspected economic criminals in China, according to state media.
The network, called the APEC Network of Anti-Corruption Authorities and Law Enforcement Agencies (ACT-NET), is the first such network that members of the Asia-Pacific Economic Cooperation group had worked to set up. It is led by China but also pushed by the United States.
The network would be an informal one “for sharing information” among anti-corruption and law enforcement authorities in the Asia-Pacific region, according to a statement by the APEC members.
The agreement commits the 21 member economies in the Asia-Pacific region, including China and the United States, to “deny safe haven to those engaged in corruption, including through extradition, mutual legal assistance and the recovery and return of proceeds of corruption”.
The agreement comes as Chinese President Xi Jinping seeks to widen his far-reaching graft campaign to nab suspects who have fled abroad, particularly those who have taken their ill-gotten gains with them.
“We believe that this cooperation is a major step forward,” U.S. Secretary of State John Kerry said. “Corruption not only creates an unfair playing field, it not only distorts economic relationships, but corruption also steals from the people . . . who believe the system can work for everyone.”
Will Western governments agree to up extradition deals with China since torture is often used by Chinese legal authorities in extracting confessions, and capital punishment is widely meted out for corruption crimes?
The agreement also said it would “establish measures and systems to protect whistleblowers”.
It is uncertain how the agreement would work among countries that do not have mutual extradition treaties. China has extradition treaties with 38 countries, but not the United States, Canada or Australia - the three most popular destinations for Chinese economic criminals.
Asia Pacific countries agreed yesterday to cooperate on the extradition of corrupt officials, enhance asset recovery efforts and establish an anti-corruption transparency network to share intelligence on graft 
The network would be an informal one “for sharing information” among anti-corruption and law enforcement authorities in the Asia-Pacific region.
The agreement commits the 21 member economies in the Asia-Pacific region, including China and the United States, to “deny safe haven to those engaged in corruption, including through extradition, mutual legal assistance and the recovery and return of proceeds of corruption”.
It is uncertain how the agreement would work among countries that do not have mutual extradition treaties. China has extradition treaties with 38 countries, but not the United States, Canada or Australia - the three most popular destinations for suspected economic criminals, according to state media.
Also in Beijing yesterday, Apec member countries agreed to move forward on a Beijing-backed free trade deal for Pacific countries.
The ministers responsible for trade from Apec members agreed to a roadmap to study the options for the Free Trade Area of the Asia-Pacific (FTAAP). 
A statement on the APEC website, says: “In order to translate the FTAAP from a vision to reality, we agree to kick off and advance the process in a comprehensive and systematic manner towards the eventual realization of the FTAAP.”
***
In line with the APEC meting, some 400 demonstrators in Australia participated in a protest over climate change by burying their heads in the sand at Sydney’s Bondi Beach November 13, 2014 Some of the world’s most influential leaders came to Australia this week for the G20 summit of many of the world’s largest economies. 
The meeting came just days after US President Barack Obama and Chinese President Xi Jinping announced a deal on climate change that raised hopes for a comprehensive international deal next year. But that agreement didn’t influence protesters in Australia, who say their country’s prime minister, Tony Abbott, has head in the sand over climate change.
According to the Independent, they’re particularly incensed that Abbott has refused to put climate change on the G20 agenda. About 400 men and women participated in the protest this week.
***
Readers who missed a column can access www.duckyparedes.com/blogs. This is updated daily. Your reactions are welcome at duckyparedes@gmail.com or you can send me a message through Twitter @diretsahan.
- See more at: http://www.malaya.com.ph/business-news/opinion/apec%E2%80%99s-act-net#sthash.pT2OnJmi.dpuf

No comments: