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Kenya and Oman sign landmark agreement to strengthen their tax treaties

Kenya and Oman have today signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the Convention), becoming the 91st and 92nd jurisdictions to join the Convention, which now covers over 1630 bilateral tax treaties.




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Benin, Bosnia and Herzegovina, Cabo Verde, Mongolia and Oman join the most powerful multilateral instrument against offshore tax evasion and avoidance

On the occasion of the 10th Plenary Meeting of the Global Forum a further five countries signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, therewith bringing the total number of participating in the Convention to 135.




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OECD releases stage 1 peer review reports on dispute resolution for Brazil; Bulgaria; China; Hong Kong, China; Indonesia; Russia and Saudi Arabia

The work on BEPS Action 14 continues with today's publication of the seventh round of stage 1 peer review reports. Each report assesses a country's efforts to implement the Action 14 minimum standard as agreed to under the OECD/G20 BEPS Project.




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Jordan signs landmark agreement to strengthen its tax treaties

Jordan has today signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the Convention), becoming the 93rd jurisdiction to join the Convention, which now covers over 1,653 bilateral tax treaties.




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North Macedonia signs landmark agreement to strengthen its tax treaties

North Macedonia has today signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the Convention), becoming the 94th jurisdiction to join the Convention, which now covers over 1,650 bilateral tax treaties.




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Togo joins international efforts against tax evasion and avoidance

Today, at the OECD Headquarters in Paris, Calixte Batossie Madjoulba, Ambassador of Togo in France, signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters (the Convention) in the presence of the OECD Deputy Secretary-General Ludger Schuknecht. Togo is the 136th jurisdiction to join the Convention.




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Global Forum and World Bank support Madagascar in implementing the international tax transparency standards

The Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum) and the World Bank carried out a technical assistance mission in Antananarivo on 20-24 January 2020 to assist Madagascar in the implementation of the international tax transparency standards.




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BEPS Action 14: OECD releases stage 1 peer review reports on dispute resolution for Brunei Darussalam, Curaçao, Guernsey, Isle of Man, Jersey, Monaco, San Marino and Serbia

The work on BEPS Action 14 continues with today's publication of the eighth round of stage 1 peer review reports. Each report assesses a country's efforts to implement the Action 14 minimum standard as agreed to under the OECD/G20 BEPS Project.




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Canada Exports Food, Beverage And Tobacco Products

Exports (Bop) - Food, Beverage And Tobacco Products in Canada increased to 2685.50 CAD Million in March from 2594.50 CAD Million in February of 2020. Exports (Bop) - Food, Beverage And Tobacco Product in Canada averaged 1423.40 CAD Million from 1988 until 2020, reaching an all time high of 2808.70 CAD Million in December of 2016 and a record low of 425.60 CAD Million in March of 1989. This page includes a chart with historical data for Canada Exports of (bop) - Food, Beverage And Tobacco Pro.




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Canada Exports Forestry Products&Building&Packaging Materials

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.




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Canada Exports of Building and Packaging Materia

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.




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Canada Exports Agricultural, Lawn&Garden Machinery&Equipment

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.




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Canada Exports of Alcoholic Beverages

Exports of (bop) - Alcoholic Beverages in Canada increased to 94.30 CAD Million in March from 89.20 CAD Million in February of 2020. Exports of (bop) - Alcoholic Beverages in Canada averaged 74.41 CAD Million from 1988 until 2020, reaching an all time high of 121.10 CAD Million in February of 2001 and a record low of 36.30 CAD Million in April of 1988. This page includes a chart with historical data for Canada Exports of (bop) - Alcoholic Beverages.




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Canada Imports Prepared And Packaged Seafood Products

Imports (Bop) - Prepared And Packaged Seafood Products in Canada increased to 224.20 CAD Million in March from 203.60 CAD Million in February of 2020. Imports (Bop) - Prepared And Packaged Seafood Prod in Canada averaged 132.27 CAD Million from 1988 until 2020, reaching an all time high of 251.10 CAD Million in September of 2016 and a record low of 43.80 CAD Million in April of 1990. This page includes a chart with historical data for Canada Imports of (bop) - Prepared And Packaged Seafood.




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United States Imports - Coloring Agents & Photographic Chemicals (Census)

Imports - Coloring Agents & Photographic Chemicals (Census) in the United States increased to 1236.45 USD Million in March from 1180.53 USD Million in February of 2020. Imports - Coloring Agents & Photographic Chemicals in the United States averaged 632.30 USD Million from 1989 until 2020, reaching an all time high of 1260.98 USD Million in December of 2018 and a record low of 160.16 USD Million in March of 1989. This page includes a chart with historical data for the United States Imports of Coloring Agents & Photographic Chemica.




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Iraq Average Temperature

Temperature in Iraq decreased to 8.92 celsius in December from 16.21 celsius in November of 2015. Temperature in Iraq averaged 21.78 celsius from 1819 until 2015, reaching an all time high of 37.40 celsius in July of 2000 and a record low of 3.84 celsius in January of 1911. This page includes a chart with historical data for Iraq Average Temperature.




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Iraq Average Precipitation

Precipitation in Iraq increased to 24.20 mm in December from 16.28 mm in November of 2015. Precipitation in Iraq averaged 16.30 mm from 1901 until 2015, reaching an all time high of 82.94 mm in March of 1974 and a record low of 0.01 mm in September of 1936. This page includes a chart with historical data for Iraq Average Precipitation.




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Mr. Angel Gurría, Secretary-General of the OECD, in Santiago, Chile, on 14-15 October 2019

Mr. Angel Gurría, Secretary-General of the OECD, will be in Santiago, Chile, on 14-15 October 2019 to attend the Asia-Pacific Economic Cooperation (APEC) Finance Ministers meeting.




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Taxing Wages: Key findings for Chile

The tax wedge for the average single worker in Chile remained the same at 7.0 percentage points between 2018 and 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1). In 2019 Chile had the lowest tax wedge among the 36 OECD member countries, occupying the same position in 2018.




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Burundi Average Temperature

Temperature in Burundi increased to 21.08 celsius in December from 20.68 celsius in November of 2015. Temperature in Burundi averaged 20.09 celsius from 1850 until 2015, reaching an all time high of 22.86 celsius in September of 2013 and a record low of 17.62 celsius in December of 1860. This page includes a chart with historical data for Burundi Average Temperature.




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Burundi Average Precipitation

Precipitation in Burundi decreased to 193.09 mm in December from 235.28 mm in November of 2015. Precipitation in Burundi averaged 100.01 mm from 1901 until 2015, reaching an all time high of 327.19 mm in November of 1961 and a record low of 0.02 mm in July of 1935. This page includes a chart with historical data for Burundi Average Precipitation.




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A new agenda for the future - 2011 Annual Report on the OECD Guidelines for Multinational Enterprises

The 2011 annual report on the OECD Guidelines for Multinational Enterprises focuses on adhering countries' committment to new, stronger standards of corporate behaviour in the updated OECD Guidelines for Multinational Enterprises.




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OECD recognises Switzerland’s commitment to the fight against foreign bribery and recommends further improvements

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




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High-level seminar on capital flow management and liberalisation: the role of international co-operation

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.




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Consultation on collective action in the fight against foreign bribery

This Working Group on Bribery consultation with the private sector and civil society focused on collective action in the fight against foreign bribery.




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Panel on private investment in the food and agriculture sectors

Private investment in the food and agriculture sectors can enhance productivity, drive job creation and income growth, increase food supply and improve food security, according to panel participants. The panel also recognised the need to attract more private private investment in the food and agriculture sectors, and called on governments to design coherent policy frameworks and implement reforms to improve the investment climate.




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Regrettably low awareness in the private sector is an obstacle to the fight against foreign bribery in the Czech Republic

The Czech government must urgently engage with the private sector to raise awareness, says a new OECD report. The awareness of the Czech foreign bribery offence remains regrettably low among companies, despite the recent adoption of a comprehensive corporate liability regime that holds Czech companies liable for this crime.




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Costa Rica signs OECD agreement to boost investment

Costa Rica today became the 45th country to adhere to an OECD international investment instrument, designed to help the country attract more and better foreign investment and promote responsible business conduct.




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Belgium should address “flagrant” lack of resources for fighting foreign bribery, says OECD

Fighting foreign bribery is not a priority in Belgium. Together with the flagrant lack of resources for Belgian law enforcement authorities, this has resulted in very few foreign bribery investigations and prosecutions. In the 14 years since the entry into force of the foreign bribery offence in Belgium, only one case of bribery of foreign public officials has been concluded.




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Azerbaijan should be more proactive against corruption

Azerbaijan must do more to enforce recently introduced anti-corruption laws and to ensure law enforcement has the resources to prosecute complex corruption crimes, says a new OECD report.




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Jordan signs OECD agreement to strengthen investment climate

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.




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Lack of enforcement jeopardises South Africa’s fight against foreign bribery; OECD concerned that political and economic considerations may be an influence

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.




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Tajikistan should step up its fight against corruption

Tajikistan needs to step up its fight against corruption and turn political declarations of commitment into action, says a new OECD report.




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Slovenia must urgently prioritise the fight against foreign bribery, says OECD

Serious steps must be taken by Slovenia to ensure that it effectively detects, investigates and prosecutes allegations of transnational bribery.




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The Policy Framework for Investment in Agriculture

The Policy Framework for Investment in Agriculture is a flexible tool which helps governments evaluate their investment policies in the ten areas essential to creating an attractive environment for investors and in enhancing the development benefits of agricultural investment.




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Infrastructure versus other investments in the global economy and stagnation hypotheses: What do company data tell us?

“Why do financial institutions and investors see so little risk, while companies investing in the real economy see so much risk?” This is perhaps the most important question facing policy makers today. This paper sets out some of the possible hypotheses for lack of investment in the world economy. It uses data drawn from 10 000 global companies in 75 advanced and emerging countries.




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Escaping the Stagnation Trap: Policy Options for the Euro Area and Japan

The global economy continues to run at low speed and many countries, particularly in Europe, seem unable to overcome the legacies of the crisis. With high unemployment, high inequality and low trust still weighing heavily, it is imperative to swiftly implement reforms that boost demand and employment and raise potential growth.




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Public consultation on the FAO-OECD guidance for responsible agricultural supply chains

This public consultation was held to gather comments on the draft FAO-OECD guidance for responsible agricultural supply chains which is designed to help enterprises observe standards of responsible business conduct along their agricultural supply chains. The deadline for comment was 20 February 2015.




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Public consultation on the OECD Due Diligence Guidance for Meaningful Stakeholder Engagement in the Extractives Sector

This public consultation is being held to gather comments on the draft OECD Due Diligence Guidance for Meaningful Stakeholder Engagement in the Extractives Sector which provides practical guidance to mining, oil and gas enterprises in addressing the challenges related to stakeholder engagement. The deadline for comment is 5 June 2015.




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The OECD's approach to capital flow management measures used with a macro-prudential intent

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.




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OECD encouraged by Israel’s recent investigative activity, but remains seriously concerned with overall efforts to enforce foreign bribery laws

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.




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China signs cooperation agreements with OECD and joins OECD Development Centre

In a historic visit by Chinese Premier Li Keqiang to the OECD in Paris, the People’s Republic of China today decided to enhance longstanding collaboration with the OECD and to join the OECD Development Centre.




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OSAA-OECD high-level event on leveraging pension funds for financing infrastructure development in Africa

Addis Ababa - Part of the 3rd International Conference on Financing for Development, this event explored strategies to leverage Africa’s pension funds and other sources of private financing to develop Africa’s infrastructure. Ways to improve the investment climate in Africa using the recently updated Policy Framework for Investment were also be addressed.




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Latvia’s fight against foreign bribery overshadowed by enforcement weaknesses

Latvia has improved its laws since acceding to the OECD Anti-Bribery Convention in 2014. Yet serious personnel issues until recently as well as negative government commentary concerning KNAB, Latvia’s anti-corruption law enforcement agency, have cast doubts over its capacity to enforce those laws.




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International Anti-Corruption Day Statement by Drago Kos, Chair of the OECD Working Group on Bribery

International Anti-Corruption Day provides us all with a unique opportunity to reflect on the progress we have made over the past year in the global fight against corruption, but also to think about the work that remains to be done in the years ahead.




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The legal framework applicable to joint interpretive agreements of investment treaties

Most investment treaties do not expressly address joint interpretations and thus leave the issue to more general rules. This paper addresses the general legal framework applicable to joint agreements by treaty parties about the interpretation of treaties. It outlines key concepts and distinctions, and considers effects on third parties.




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Co-operation on approaches to macro-prudential and capital flow management measures: Update by the IMF and the OECD

This update report by the IMF and the OECD was delivered to G20 in February 2016.




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Diagnostic of Chile’s Engagement in Global Value Chains

This OECD report lays an empirical foundation for structuring economic policies to facilitate Chile’s participation in global value chains and to maximise the associated benefits for national firms and workers.




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Launch of the OECD-FAO Guidance for Responsible Agricultural Supply Chains

11 March, Paris, France: This high-level launch event included a panel discussion that addressed the potential impacts of companies operating in agricultural supply chains on human, labour and tenure rights.




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Fragmentation in clean energy investment and financing

Scaling-up investment in renewable electricity is critical for reducing greenhouse gas emissions from the power sector. Despite increasing cost-competitiveness, overall investment in renewables projects remains constrained by policy and market obstacles. These hinder development of a sufficient pipeline of bankable projects and affect the risk-return profile of renewable electricity projects.