The United Nations’ general assembly has adopted a resolution for creating a United Nations framework convention on international tax cooperation.

Titled “Promotion of inclusive and effective international tax cooperation at the United Nations”, the resolution was approved by a vote of 125 in favour to 48 against, with 9 abstentions (Armenia, Costa Rica, El Salvador, Iceland, Mexico, Norway, Peru, Türkiye, United Arab Emirates).

The representative of Nigeria, introducing the draft resolution on behalf of the African Group, said it represents a beacon of hope for developing nations.

“It resonates with our aspirations as outlined in both the AU [African Union] Agenda 2063 and 2030 Agenda [for Sustainable Development], reinforcing our commitment to strengthening tax systems and fostering tax equity,” he added.

Before approval, the Committee took action on an amendment proposed by the United Kingdom, rejecting it by a vote of 55 in favour to 107 against, with 16 abstentions.


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