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The writer is president of the Pakistan Institute of Legislative Development And Transparency. IN this age of globalisation, nations are voluntarily giving up a part of their legislative sovereignty to supranational entities like the European Union (EU) and global agencies like the UN. In the former case, the legislatures of member states may be ceding as much as 80 per cent of their legislative rights to the European Parliament, although the figure varies widely from country to country. A country doesn’t have to be a part of an entity like the EU to experience this aspect of globalisation. There are several other ways in which states depart from the classical concept of sovereignty. Countries are frequently entering into bilateral and multilateral treaties, accords and conventions which bind them to the terms of such agreements.

Sherry rehmanRaza rabbaniShireen mazariUnited nations convention against corruptionUnited nations office on drugsFinancial action taskNational assemblyEuropean parliamentUn convention againstAsia pacific group on money launderingEuropean unionFinancial action task forceAsia pacific groupMoney launderingUnited nations officeSenator raza rabbani