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Cross debarment is an agreement among the African Development Bank Group, Asian Development Bank, European Bank for Reconstruction and Development, Inter-American Development Bank and the World Bank Group (referred to as Multilateral Development Banks) to mutually enforce each other’s debarment actions, with respect to the four harmonized sanctionable practices, i.e. corruption, fraud, coercion, and collusion.

These Multilateral Development Banks (MDBs) signed the
"Agreement on Mutual Enforcement of Debarment Decisions" on 9 April 2010.

An innovative coordinated global initiative, cross debarment creates a formidable additional deterrent to firms and individuals engaged in fraud and corruption in MDB-financed development projects, and possibly provides an incentive for firms to clean up their operations.
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