A statement on fighting corruption will be included in documents on the outcome of the ongoing APEC meetings, an official said on Thursday.
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Alan Bollard, executive director of the APEC Secretariat, said the Beijing Statement on Anti-corruption has been proposed by both China and the United States.
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Bollard said at a news briefing that the statement will result in a group being set up that could bring enforcement agencies across the APEC region together and allow them to pass information about particular cases to each other.
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"This is necessary for us to track cases across borders within the APEC region and even to follow up and recover assets if they are removed illegally, "Bollard said.
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Foreign Minister Wang Yi said on Oct 2 that China is ready to enhance cooperation with the US on hunting criminals and recovering money obtained illegally.