Side event on "international levies" at UNGA 2005
Brazil, Spain, France, Chile, Germany and Algeria ask for support from the governments participating in the United Nations General Assembly for a "solidarity contribution" levied on tax air tickets, and for other innovative financial mechanisms.
The "quadripartite" group on innovative mechanisms for financing development(Brazil, Spain, France, Chile, Germany, Algeria) has just released a
statement. It aims at been signed by as many countries as possible by 14th
September supporting the launch of innovative mechanisms, first of all "a
solidarity contribution levied on air tickets". The group will organise a
"side event" during the next UN General Assembly, on 14th September to
communicate the list of the signatories countries.
A high level meeting on this initiative will be organized in France, by
February 2006, to launch a contribution on air tickets "as soon as possible
in 2006".
The currency transactions tax (CTT) is not mentioned by the statement.
A quotation from the statement:
"We support pursuing the creation of international levies as an element in the development financing system, and are determined to continue to build consensus on this issue. These levies should be nationally applied and internationally coordinated mechanisms. They are especially appropriate where the need for stability and predictability is greatest over a long period of time. They would bring continuity in development finance in the long run."Click here for the entire text of the statement.
Sources: Coordination SUD/Tax Justice Network/CTT Campaigns Team
Last modified
2005-09-02 11:45 PM
