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<p>As made clear during our G8 Presidency, we are committed to helping developing
countries benefit from increased tax transparency including the new global standard
of automatic exchange of information. The G20 asked the Global Forum to produce a
Roadmap setting out how developing countries can overcome obstacles to participate
in automatic exchange. Since G20 Finance Ministers welcomed the Roadmap in September,
my officials and their counterparts in DfID and HMRC have engaged in discussions with
a number of developing countries on the possibility of piloting implementation of
the new global standard. These discussions are ongoing.</p><p> </p>
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