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ECLAC Supports First Regional Summit for an Inclusive, Sustainable and Equitable Global Tax Order

26 July 2023|Announcement

The United Nations’ Economic Commission for Latin America and the Caribbean will serve as technical secretariat of the platform that will be launched in Colombia and seeks to coordinate joint action between the region’s countries on tax matters.

 The First Latin American and Caribbean Summit for an Inclusive, Sustainable and Equitable Global Tax Order will take place on July 27-28 in Cartagena de Indias, Colombia with authorities from the Treasury, Economy and Finance Ministries of 16 of the region’s countries attending, along with political leaders and representatives of international and regional organizations and of civil society.

The summit – organized by Colombia’s Ministry of Finance and Public Credit and promoted by the governments of that country, Brazil and Chile with support from the United Nations’ Economic Commission for Latin America and the Caribbean (ECLAC) – seeks to create a permanent forum for tax coordination between Latin American countries that can become a space for discussing the tax matters affecting the region’s countries.

This high-level event aims to consolidate the creation of a platform for cooperation that would enable an inclusive and transparent discussion of international taxation issues, in order to strengthen the region’s voice in the global tax policy debate. The new body’s pro tempore Presidency will be held by Colombia and ECLAC will serve as its Technical Secretariat.

“This platform aims to be a regional space, led by the region’s Treasury, Economy and Finance ministers, for generating knowledge, sharing experiences and contributing to the forging of positions that promote an inclusive, equitable and sustainable tax order. It is a very novel proposal for the region and highly relevant in light of current challenges. We at ECLAC will give all the support we can to ensure its success,” said ECLAC’s Executive Secretary, José Manuel Salazar-Xirinachs, who will participate in the summit.

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