UN / AFRICAN GROUP TAX FRAMEWORK CONVENTION

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16-Nov-2023 00:01:57
Introducing a Framework Convention on International Tax cooperation, the Chair of the African Group, Zambian Ambassador Chola Milambo, said it marks “a significant moment in our collective journey towards a more equitable and inclusive global tax system.” UNIFEED

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STORY: UN / AFRICAN GROUP TAX FRAMEWORK CONVENTION
TRT: 01:57
SOURCE: UNIFEED
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LANGUAGE: ENGLISH / NATS

DATELINE: 16 NOVEMBER 2023, NEW YORK CITY / RECENT

SHOTLIST:

FILE - NEW YORK CITY

1. Wide shot, exterior UN headquarters

16 NOVEMBER 2023, NEW YORK CITY

2. Wide shot, dais
3. Wide shot, journalists
4. SOUNDBITE (English) Dr. Chola Milambo, Permanent Representative to the United Nations, Zambia:
“Today marks a significant moment in our collective journey towards a more equitable and inclusive global tax system. The Africa Group has taken significant steps forward with the proposal of a Framework Convention on International Tax cooperation, a landmark initiative reflective of our collective commitment to fairness and inclusivity in the global tax system.”
5. Med shot, journalists
6. SOUNDBITE (English) Dr. Chola Milambo, Permanent Representative to the United Nations, Zambia:
“This Framework Convention is not merely a political document; it is a beacon of hope for developing countries that have long sought a voice in shaping the international tax norms. In addressing the critical shortcomings of the current tax system - which often side-lines the unique challenges and perspectives of developing nations - our proposal acknowledges the contributions of existing bodies like the OECD, and the UN Tax Committee, while also recognizing their limitations in fully representing the interests of all nations, particularly those in the developing world.”
7. Wide shot, dais
8. SOUNDBITE (English) Dr. Chola Milambo, Permanent Representative to the United Nations, Zambia:
“We are quite confident that this resolution will go through. We are continuing to engage and receive support from various groups at the UN on this resolution. We did send it out just a few days ago, and we are confident that it will go through like it did last year. However, we seek a broad political endorsement of this initiative. Just as we seek an inclusive tax system, we also advocate for broad political endorsement of it.”
9. Wide shot, end of presser

STORYLINE:

Introducing a Framework Convention on International Tax cooperation, the Chair of the African Group, Zambian Ambassador Chola Milambo, today (16 Nov) said it marks “a significant moment in our collective journey towards a more equitable and inclusive global tax system.”

Milambo said the Framework Convention is a “landmark initiative reflective of our collective commitment to fairness and inclusivity in the global tax system,” and “not merely a political document,” but a “beacon of hope for developing countries that have long sought a voice in shaping the international tax norms.

He said the proposal “acknowledges the contributions of existing bodies like the OECD, and the UN Tax Committee, while also recognizing their limitations in fully representing the interests of all nations, particularly those in the developing world.”

Milambo said, “we are quite confident that this resolution will go through. We are continuing to engage and receive support from various groups at the UN on this resolution. We did send it out just a few days ago, and we are confident that it will go through like it did last year. However, we seek a broad political endorsement of this initiative. Just as we seek an inclusive tax system, we also advocate for broad political endorsement of it.”

If adopted by the General Assembly, the Convention would set up an intergovernmental committee to elaborate a comprehensive new treaty on international tax cooperation by 2025.
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