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World Leaders Reach Development Agreement at UN Summit


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World Leaders Reach Development Agreement at UN Summit

Jubilee USA

ADDIS ABABA, ETHIOPIA - Heads of state and high-level government officials reached a global development agreement during the Third Annual Financing for Development Conference. Negotiations reached a sticking point over a global tax body that would propose global tax policies to assist the developing world in raising new revenues. The agreement does focus on significantly curbing corruption and tax evasion by 2030. Governments finally negotiated a deal Wednesday after three days of marathon meetings to approve the agreement text.

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