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"We propose that the discussion of these issues be incorporated into the regular agenda of the United Nations, ensuring that the initiatives presented, be discussed by the countries on equal terms.”

“Protecting both our financial and logistical systems, so that they are only used for legitimate purposes is our responsibility. Therefore, we have strengthened our cooperation in security and intelligence with other governments and approved important laws and reforms that shield our financial system from any wrongdoing.

In accordance to the conclusions reached at the International Conference on Financing for Development held recently in Addis Ababa, I am pleased to announce that Panama is committed to expanding its international cooperation in fiscal transparency and move towards the automatic bilateral exchange of tax information, as did our major trading partners.

This exchange will have to be conditioned so that, according to the capacity and national circumstances and international geopolitical environment, the right of each country to take the necessary measures to ensure that the automatic exchange of information, which seeks the common good, is not misused to impair the competitiveness of some countries for the benefit of others.

We propose that the discussion of these issues be incorporated into the regular agenda of the United Nations, ensuring that the initiatives presented, be discussed by the countries on equal terms.”

Source: Ministry of the Presidency

Link:  https://www.presidencia.gob.pa/Noticias/Extract-on-bilateral-cooperation-and-fiscal-transparency

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Versión en español: https://www.presidencia.gob.pa/Noticias/Panama-ampliara-su-cooperacion-bilateral-en-asuntos-fiscales

Fuente: Ministerio de la Presidencia

 

 

 

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