Today, the OECD released IT-formats and guidance to support the technical implementation of the OECD Treaty Relief and Compliance Enhancement (TRACE) initiative, as well as to facilitate the wider use of the OECD Common Transmission System (CTS) for the exchange of information between tax administrations.

The Global Forum and the Italian Revenue Agency carried out an onsite visit in Tirana to assist Albania with the implementation of the international standard of automatic exchange of financial account information (AEOI).

Today, San Marino deposited its instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (BEPS) with the OECD’s Secretary-General, therewith underlining its strong commitment to prevent the abuse of tax treaties and BEPS by multinational enterprises. For San Marino, the MLI enters into force on 1 July 2020.

Comprised of 34 Global Forum members, the Automatic Exchange of Information Peer Review Group (APRG) held its first meeting on 16-18 March 2020 to discuss key issues in ensuring that jurisdictions are putting in place what is required to deliver an effective AEOI Standard, as well as how the recent developments in relation to Covid-19 might impact expectations.

At the request of concerned countries, the OECD Secretariat has issued guidance on these issues based on a careful analysis of the international tax treaty rules.

The work on BEPS Action 14 continues with today's publication of the stage 2 peer review monitoring reports of the seven jurisdictions in batch 2: Austria, France, Germany, Italy, Liechtenstein, Luxembourg and Sweden.

Exports (Bop) - Forestry Products&Building&Packaging Materials in Canada increased to 3479 CAD Million in March from 3391.40 CAD Million in February of 2020. Exports (Bop) - Forestry Products&Building&Packagi in Canada averaged 3120.28 CAD Million from 1988 until 2020, reaching an all time high of 4531.80 CAD Million in May of 2004 and a record low of 1596 CAD Million in October of 1991. This page includes a chart with historical data for Canada Exports of (bop) - Forestry Products&building&pac.

Exports (Bop) - Industrial Machinery, Equipment And Parts in Canada decreased to 3216.10 CAD Million in March from 3433.70 CAD Million in February of 2020. Exports (Bop) - Industrial Machinery, Equipment An in Canada averaged 1857.42 CAD Million from 1988 until 2020, reaching an all time high of 3544.10 CAD Million in August of 2019 and a record low of 469 CAD Million in January of 1988. This page includes a chart with historical data for Canada Exports of (bop) - Industrial Machinery, Equipmen.

Exports of (bop) - Live Animals in Canada decreased to 159.40 CAD Million in March from 168.10 CAD Million in February of 2020. Exports of (bop) - Live Animals in Canada averaged 140.56 CAD Million from 1988 until 2020, reaching an all time high of 294 CAD Million in November of 2014 and a record low of 35.50 CAD Million in April of 1988. This page includes a chart with historical data for Canada Exports of (bop) - Live Animals.

Exports (Bop) - Logging, Mining&Construction Machinery&Equipment in Canada decreased to 161.90 CAD Million in March from 182.40 CAD Million in February of 2020. Exports (Bop) - Logging, Mining&Construction Machi in Canada averaged 110.67 CAD Million from 1988 until 2020, reaching an all time high of 200 CAD Million in June of 2018 and a record low of 26 CAD Million in January of 1992. This page includes a chart with historical data for Canada Exports of (bop) - Logging, Mining&construction M.

Exports of (bop) - Metalworking Machinery in Canada increased to 27.50 CAD Million in March from 21.10 CAD Million in February of 2020. Exports of (bop) - Metalworking Machinery in Canada averaged 27.46 CAD Million from 1988 until 2020, reaching an all time high of 63.10 CAD Million in October of 1997 and a record low of 4.40 CAD Million in July of 1989. This page includes a chart with historical data for Canada Exports of (bop) - Metalworking Machinery.

Exports of (bop) - Building and Packaging Materia in Canada increased to 2483.80 CAD Million in March from 2400.20 CAD Million in February of 2020. Exports of (bop) - Building and Packaging Materia in Canada averaged 1790.14 CAD Million from 1988 until 2020, reaching an all time high of 2843 CAD Million in May of 2004 and a record low of 603.40 CAD Million in December of 1990. This page includes a chart with historical data for Canada Exports of (bop) - Building And Packaging Materia.

Exports (Bop) - Commercial And Service Industry Machinery in Canada decreased to 289.80 CAD Million in March from 378.80 CAD Million in February of 2020. Exports (Bop) - Commercial And Service Industry Ma in Canada averaged 178.65 CAD Million from 1988 until 2020, reaching an all time high of 438.80 CAD Million in March of 2001 and a record low of 38 CAD Million in December of 1991. This page includes a chart with historical data for Canada Exports of (bop) - Commercial And Service Industr.

Exports (Bop) - Agricultural, Lawn&Garden Machinery&Equipment in Canada increased to 123.10 CAD Million in March from 115.60 CAD Million in February of 2020. Exports (Bop) - Agricultural, Lawn&Garden Machiner in Canada averaged 90.02 CAD Million from 1988 until 2020, reaching an all time high of 173.60 CAD Million in November of 1997 and a record low of 42.20 CAD Million in October of 1991. This page includes a chart with historical data for Canada Exports of (bop) - Agricultural, Lawn&garden Mach.

Exports of (bop) - Animal Feed in Canada increased to 289.40 CAD Million in March from 252.90 CAD Million in February of 2020. Exports of (bop) - Animal Feed in Canada averaged 67.11 CAD Million from 1988 until 2020, reaching an all time high of 289.40 CAD Million in March of 2020 and a record low of 9.30 CAD Million in July of 1988. This page includes a chart with historical data for Canada Exports of (bop) - Animal Feed.

Imports (Bop) - Pharmaceutical And Medicinal Products in Canada increased to 1826.70 CAD Million in March from 1786.80 CAD Million in February of 2020. Imports (Bop) - Pharmaceutical And Medicinal Produ in Canada averaged 772.14 CAD Million from 1988 until 2020, reaching an all time high of 2084 CAD Million in December of 2019 and a record low of 80.90 CAD Million in April of 1989. This page includes a chart with historical data for Canada Imports of (bop) - Pharmaceutical And Medicinal P.

Imports of (bop) - Metalworking Machinery in Canada decreased to 102.50 CAD Million in March from 123.70 CAD Million in February of 2020. Imports of (bop) - Metalworking Machinery in Canada averaged 85.39 CAD Million from 1988 until 2020, reaching an all time high of 167.80 CAD Million in September of 1999 and a record low of 26.30 CAD Million in September of 1992. This page includes a chart with historical data for Canada Imports of (bop) - Metalworking Machinery.

Weapons Sales in Germany decreased to 1277 USD Million in 2018 from 1980 USD Million in 2017. Weapons Sales in Germany averaged 1314.27 USD Million from 1953 until 2018, reaching an all time high of 3311 USD Million in 2007 and a record low of 12 USD Million in 1961. Weapons Sales are presented as a Trend-Indicator Value based on the known unit production costs of a core set of weapons such as aircraft, air defence systems, anti-submarine warfare weapons, armoured vehicles, artillery, engines, missiles, sensors, satellites, ships and others. The indicator aims to represent the transfer value of military resources rather than the financial value of the transfer.

Weapons Sales in Denmark increased to 27 USD Million in 2018 from 20 USD Million in 2017. Weapons Sales in Denmark averaged 40.68 USD Million from 1960 until 2018, reaching an all time high of 272 USD Million in 1994 and a record low of 1 USD Million in 1998. Weapons Sales are presented as a Trend-Indicator Value based on the known unit production costs of a core set of weapons such as aircraft, air defence systems, anti-submarine warfare weapons, armoured vehicles, artillery, engines, missiles, sensors, satellites, ships and others. The indicator aims to represent the transfer value of military resources rather than the financial value of the transfer.

GDP From Manufacturing in Gambia increased to 2526253675 GMD Thousand in 2018 from 2519157817 GMD Thousand in 2017. GDP From Manufacturing in Gambia averaged 1661687601.67 GMD Thousand from 1995 until 2018, reaching an all time high of 2941519749 GMD Thousand in 2015 and a record low of 795430 GMD Thousand in 1995. This page provides - Gambia Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Banks Balance Sheet in Germany increased to 8975.05 EUR Billion in February from 8529.40 EUR Billion in January of 2020. Banks Balance Sheet in Germany averaged 3831.49 EUR Billion from 1950 until 2020, reaching an all time high of 10087.65 EUR Billion in December of 1998 and a record low of 30.82 EUR Billion in June of 1950. This page provides - Germany Central Bank Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Germany recorded a government budget surplus of 7.09 EUR Billion in the third quarter of 2019. Government Budget Value in Germany averaged -10.49 EUR Billion from 1991 until 2019, reaching an all time high of 40.63 EUR Billion in the third quarter of 2000 and a record low of -58.90 EUR Billion in the fourth quarter of 1992. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides the latest reported value for - Germany Government Budget Value - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Mexico has improved, but needs to give greater priority to the criminal enforcement of bribery and ensure that its criminal law enforcement authorities have all the resources and expertise they need to seriously investigate all allegations, according to a new OECD report.

The Phase 3 Report on Japan by the OECD Working Group on Bribery evaluates and makes recommendations on Japan'simplementation and application of the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions and related instruments.

Small and medium-sized businesses (SMEs) requesting loans between 2007 and 2010 faced higher interest rates than for large companies. Loan conditions for SMEs included shortened maturities and increased demands for collateral, suggesting that banks considered smaller firms to be a higher risk.

Colombia and Mexico are a step closer to beneffiting from cross border tax co-operation and information sharing. Colombia has signed, and Mexico has deposited its instrument of ratification for the Multilateral Convention on Mutual Administrative Assistance in Tax Matters.

G20 governments should prevent further deterioration in their collective trade and investment policy stance and focus on promoting open markets to re-boot growth in the world economy, according to the OECD, WTO and UNCTAD.

This seminar aimed to advance shared understandings on policies to make the most of cross-border capital flows in support of growth and development and on the value of international co-operation, including the OECD Codes of Liberalisation, in the current context of serious global financial turbulence.

07/11/12 - the OECD and the International Coordinating Committee of National Human Rights Institutions concluded a Memorandum of Understanding to promote respect by multinational enterprises of the new human rights chapter of the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles for Business and Human Rights upon which the OECD Guidelines are based.

To mark the 15th anniversary of the signature of the OECD Anti-Bribery Convention, Mark Pieth and Huguette Labelle call on Parties to the OECD's Anti-Bribery Convention to step up enforcement of their anti-bribery laws.

The book assesses the current policy context for young enterprises in the MENA region and outlines policy tools and instruments, both indirect and direct, that governments can implement to support new enterprise development.

Denmark’s enforcement of its foreign bribery laws has been weak. Only 13 foreign bribery allegations have surfaced, and sanctions have been imposed in just one case that falls under the Convention. Law enforcement authorities have not been sufficiently proactive, and cases have been prematurely closed without complete investigations. Denmark must take more investigative steps and make greater efforts to gather evidence from abroad.

Global value chains (GVCs) have become a dominant feature of world trade and investment, offering new prospects for growth, development and jobs, according to a new joint report by the Organization for Economic Cooperation and Development (OECD), the World Trade Organization (WTO) and the United Nations Conference on Trade and Development (UNCTAD).

Russia has yet to address key provisions of the OECD Anti-Bribery Convention, which entered into force in Russia in April 2012. It has not yet fully implemented recommendations for strengthening its framework for combating foreign bribery and should be more proactive in detecting, investigating and prosecuting foreign bribery cases.

Deputy Minister of National Planning and Economic Development, Dr. Khin San Yee, presented her country’s ambitious efforts to improve the investment climate at meetings of the OECD Investment Committee and Advisory Group on Investment and Development from 15-17 October 2013 in Paris.

The Malaysian government, in partnership with the OECD and ASEAN, has undertaken a review of its investment policies as part of an active programme of investment policy reforms to help revive both foreign and domestic investment.

Jordan has become the 46th country to adhere to the OECD Declaration on International Investment and Multinational Enterprises. This adherence bears witness to the determination that Jordan holds towards strengthening the liberalisation of investment, increasing its integration into the world economy and promoting responsible business conduct.

This conference focused on recent reforms undertaken by the government to improve the investment climate in Myanmar, and the ways that the international community can help ensure that renewed investor interest contributes to sustainable and inclusive development. It featured a discussion of the detailed finding of the recently released OECD Investment Policy Review of Myanmar.

Chile has made positive efforts to implement the Convention, but there has not been a single foreign bribery conviction. Chile did not sufficiently investigate several of the six foreign bribery allegations that have surfaced since 2001. Chile should improve its investigative and detection efforts, says OECD

South Africa must take urgent steps to proactively investigate and prosecute foreign bribery. No foreign bribery cases have been prosecuted since South Africa joined the Convention in 2007. The 4 on-going investigations – out of only 10 allegations that have surfaced to date – are also far from reaching the prosecution stage, according to a new report by the OECD Working Group on Bribery.

Mongolia should persist with systematic reforms in its struggle against corruption, says a new report by the Istanbul Anti-Corruption Action Plan (IAP).

Available in several languages, this booklet provides basic information about the OECD Guidelines for Multinational Enterprises, the most comprehensive set of government-backed recommendations on responsible business conduct in existence today. Adhering governments aim to encourage the positive contributions MNEs can make to sustainable development and to minimise the difficulties to which their various operations may give rise.

Turkey is a significant and geopolitically critical economy. Its companies, like those from many other countries, operate in corruption-prone sectors and countries. In spite of this, only 10 allegations have come to the attention of Turkish authorities since foreign bribery became an offence in Turkey in 2003.

We therefore need a “copernician” change in our approach to the growth – inequality nexus: let’s not think growth first, and inequality thereafter but let’s consider both of them, together, in their circularity. In other words, let’s think “Inclusive Growth”, right from the start, and let’s make it another touchstone of our efforts and complement the Pittsburgh tryptic of strong, sustainable and balanced growth!

One traditional cylinder of the global growth engine has been specifically weak: this is investment, the second of the 3 “I”s of the Turkish Presidency’s triptych, and in particular cross-border investment.

This roundtable offers a forum for regulators, policy-makers, experts, practitioners, scholars and international organisations to discuss issues relating to capital market reform in Asia.

This meeting will focus on the third round monitoring reports under the Istanbul Anti-Corruption Action Plan for Kyrgyzstan and Ukraine. The meeting will also include progress reports from Armenia, Azerbaijan, Georgia, Kazakhstan, Mongolia, Tajikistan and Uzbekistan.

This report responds to a request from the G20 that the IMF and OECD assess whether further work is needed on their respective approaches to measures which are both macro-prudential and capital flow measures, taking into account their individual mandates. The report was transmitted to G20 Finance Ministers and Central Bank Governors at their meeting on 16-17 April 2015 in Washington D.C.

The world economy desperately needs more productive investment: to create jobs, to increase productivity and to meet critical global goals like combating climate change. But instead of more productive investment, we are getting rising stock markets. Sadly too many policymakers and journalists don’t know the difference.

Israel is not sufficiently proactive in detecting and investigating foreign bribery, with no prosecutions over the past 7 years, despite 14 allegations of foreign bribery involving Israeli individuals or companies. The OECD Working Group on Bribery is, however, encouraged by the recently-opened investigations, and will pay close attention to how these evolve.