BENAULIM (GOA), Oct 16 - BRICS nations today pitched for a stronger global commitment for combating corruption and repatriation of black money in overseas jurisdictions, saying these along with aggressive tax practices hurt equitable development and economic growth.
�We will strive to coordinate our approach... and encourage a stronger global commitment to prevent and combat corruption on the basis of the UN Convention against Corruption and other relevant international legal instruments,� said the Goa declaration issued at the end of the summit. It acknowledged that corruption, including illicit money and financial flows, and ill-gotten wealth stashed in foreign locations is a global challenge which may impact negatively on economic growth. � PTI
