Resolution, put forward by African countries, passed by a vote of 125 in favor to 48 against, with 9 abstentions.
Goal is to RESOLVE CHALLENGES ABOUT TAX HAVENS AND ABUSES BY WEALTHY INDIVIDUALS AND MULTINATIONALS.
Resolution was backed by Xi Jinping's administration for China. But opposed by Joe Biden's administration for the United States and Rishi Sunak's administration for the United Kingdom. Türkiye abstained.
Summary
Resolution, put forward by African countries, passed by a vote of 125 in favor to 48 against, with 9 abstentions.
Goal is to RESOLVE CHALLENGES ABOUT TAX HAVENS AND ABUSES BY WEALTHY INDIVIDUALS AND MULTINATIONALS.
Resolution was backed by Xi Jinping's administration for China. But opposed by Joe Biden's administration for the United States and Rishi Sunak's administration for the United Kingdom. Türkiye abstained.
Source
https://thinkbrics.substack.com/p/africa-unity-forces-global-tax-reform
https://press.un.org/en/2023/gaef3597.doc.htm