The Norwegian Embassy and the Nordic Chambers of Commerce support Thai anti-corruption initiative

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On Thursday 11 October 2018, the Nordic Chambers of Commerce jointly signed a memorandum of understanding (MOU) with Thailand’s Private Sector Collective Action against Corruption (CAC) at the CAC’s Annual National Conference. The conference was organised by the Thai Institute of Directors Association (IOD).

Chargé d'affaires a.i. Tor Haug represented the Norwegian Embassy at the Annual National Conference of Thailand's Collective Action against Corruption (CAC). At the conference, the President of the Thai-Norwegian Chamber of Commerce, Aina Eidsvik, declared the Nordic Chambers of Commerce’s support to CAC's initiative of encouraging private companies to act against corruption. Combating illicit financial flows and corruption are key components of Norway's development strategy, and the Embassy is glad to see anti-corruption initiatives evolving in Thailand.

 

Founded in 2010 by eight leading organizations in the private sector and the IOD as its secretariat, CAC aims to bring effective anti-corruption policy and mechanism into implementation by companies in order to create an ecosystem of clean business communities. 921 private companies have voluntarily signed up to join the initiative of which 332 companies have been certified for reaching CAC standards.

 

The Nordic Chambers of Commerce comprises the Danish-Thai Chamber of Commerce, the Thai-Finnish Chamber of Commerce, the Thai-Norwegian Chamber of Commerce, and the Thai-Swedish Chamber of Commerce.