At its most ambitious, the report suggests countries should be willing to put most of their bilateral tax treaties into a multilateral framework, to block companies from getting round bilateral arrangements.
It's just not the place to handle this, in my opinion, and we need a multilateral framework to handle exchange rate issues.
Moreover, the need for environmental and social safeguards in infrastructure investment is more likely to be addressed effectively within a multilateral framework.
In these circumstances, the authors suggest, there is a case for a multilateral framework to ensure that countries act with the effect on others in mind.
In these circumstances, the authors suggest, there is a case for a multilateral framework to ensure that countries act with the effect on others in mind.The authors also suggest that co-ordination should extend to the countries that are exporting capital as well the countries receiving it.
As is Cameron's success in getting Britain's crown dependencies and overseas territories to commit to a multilateral framework on exchange of information about tax matters.
Mr. Bush himself seemed to signal as much at the start of his European tour last week in Slovenia, when he said of Iran that he expected to "leave behind a multilateral framework to work on this issue," a statement that seemed to suggest that military action against Iran may no longer be on the table.
This possibility raised the prospect of developing multilateral agreements, such as a multilateral framework convention, which respondents felt would be particularly long in the making, complicated and with uncertain results.
For example, Nepal cannot exploit the advantage of its huge water resources potential for hydropower development in the absence of agreements with India and be able to a part of a multilateral framework that would ensure justice to all participant stakeholders.
Washington insists that any talks be within a multilateral framework.
