argomento: News del mese - Diritto Internazionale e Comunitario

Articoli Correlati: G20 - new politic - World Trade Organization

The group of 20 major economies are asking for a more stable trade environment and an innovative reform of the World Trade Organization (WTO). In particular, the G20 wants to make global efforts to prevent fight against foreign bribery and work more deeper on asset recovery cooperation. Beside this, the group decided to apply the Financial Action Task Force Standards for anti-money laundering and prevent financing of terrorism. Another important step forward foresaw by the group is that of the dialogue and strategic actions to enhance confidence in order to achieve a strong and inclusive growth with other members. Indeed, since the group decided to collaborate with other trade body members in the run-up to the 12^th WTO Ministerial Conference, this will lead to safeguard against downward risk. Furthermore, with structural policies, tailored to country-specific circumstances, the group will be able to address the excessive current account imbalances and achieve a more inclusive growth, as mentioned. Many efforts will be also made in the area of tax with a redouble of efforts, always made by the group, in order to establish a consensus-based solution on tax challenges arising from digitalization. Luckily, crypto-assets are not considered as a threat to global financial stability but emerging risks can be always around the corner.