The anti-bribery law, which relates to bribery overseas, goes back to 1906.
Since 1977 several dozen American companies have been charged with violating the anti-bribery law, but no chief executive has been convicted.
That would bring it under international anti-bribery laws.
However, legal experts said any action would face an uphill battle under anti-bribery laws.
Business gets improved intellectual property protection, simplified export controls and modification of the anti-bribery law.
Second, campaign-finance and anti-bribery laws prohibit granting government favors in exchange for political donations.
This agreement calls for the United States and other signatories to expand anti-bribery laws to cover officers and agents of public international groups.
The panel said the anti-bribery law should apply to the Government just as it applied to everyone else.
America's anti-bribery law is more effective, though it is hardly fool-proof.
It resulted in tough anti-bribery laws in the United States.