News

ETCO: A Brazilian NGO dedicated to ethical business competition

August 14, 2012
Categories: Anti-corruption

What is the impact of corruption on development of emerging economies?  That is the topic of discussion at an event this week being sponsored by the Brazilian Institute for Ethics in Competition (ETCO).  At the session, participants will discuss the ways businesses and political institutions can work together in order to tackle the underlying causes of corruption. The conference has attracted a number of notable speakers, including:

  • Ms. Ellen Gracie Northfleet, Former Chief Justice of Brazil
  • Mr. Jorge Hage, Chief Minister of the Brazilian Comptroller General’s Office
  • Mr. Otaviano Canuto, Vice President and Head of the Poverty Reduction and Economic Management Network (PREM) at the World Bank

The Brazilian Institute for Ethics in Competition – ETCO – is a non-governmental organization that works with the government, multinational corporations and trade associations in order to promote an ethical and fair business environment. The organization’s mission is three fold:

  1. ETCO aims to create awareness of unethical business practices and its impact on economic development
  2. ETCO advocates for institutional and legislative improvements that will stimulate fair competition and ethical behavior
  3. ETCO works with government authorities to improve current preventative measures and tools

The Brazilian Institute for Ethics in Competition is led by the Executive Chairman Roberto Abdenur, former Deputy Foreign Minister and former Ambassador to Austria, China, Ecuador, Germany and the United States. He is one of the most important names in the Brazilian diplomatic community and has spent a lifetime encouraging global development and good governance.

To learn more about ETCO, please visit their website:

http://www.etco.org.br/about-etco.php [English]

http://www.etco.org.br/ [Portuguese]

For details about ‘The Impact of Corruption on Development’ event, please visit: http://www.valor.com.br/seminarios/seminario/corrupcao