EU failing treaty obligations to developing countries as $100bn tax loss shows the new 2013 Spotlight report.
The report looks at how some EU policies negatively affect developing countries in the areas of financing for development, food security, natural resources and climate change.
Findings:
• At least $859bn was lost from developing countries in 2010 alone through illicit financial flows. This is 13 times the amount the EU spent on development aid in 2012.
• In tax revenue alone, at least $100bn was lost from developing countries through insufficient international tax policies.
• The EU is not respecting its commitment to Policy Coherence for Development, a Lisbon Treaty obligation that aims to make sure EU policies do not undermine development objectives.
Report: English version
Report: French version