Diana Johnson – 2015 Parliamentary Question to the HM Treasury
The below Parliamentary question was asked by Diana Johnson on 2015-10-29.
To ask Mr Chancellor of the Exchequer, with reference to the 2013 Lough Erne G8 Leaders’ Communiqué, published on 18 June 2013, what progress has been made on implementing the commitments in paragraphs (a) 1, (b) 2, (c) 3, (d) 8 and (e) 10 of that document; and if he will make a statement.
Mr David Gauke
An update on UK progress of commitments in the G8 Lough Erne Leaders Communique can be found in the 2013 UK G8 Presidency Report, published on the Government’s website at https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/271676/G8_report_WEB_FINAL.PDF
Since then the Prime Minister has updated the House in June following the 2015 G7 summit. There has been significant progress on the Lough Erne commitments, including the finalisation of the Base Erosion and Profit Shifting package (further information published on the OECD website), agreeing global standards on Automatic Exchange of Information in taxation and furthering international free trade agreements.
In addition, the G7 publishes an accountability report which monitors progress on the promises made on development. The last report was published in 2013, and the next one will be published next year under the Japanese presidency.
