Cameron unveils Lough Erne tax deal to tackle evasion

Prime Minister David Cameron has unveiled the Lough Erne Declaration, signed by the UK, US, Germany, France, Italy, Canada, Japan adn Russia, which vows to "fight the scourge of tax evasion" across borders. The accord pledges to do the following:

• Tackle corruption by requiring extractive industries like mining, oil and gas to report payments to all governments, and requiring governments to publish their income from companies
• Ensure minerals are sourced legitimately, and not plundered from conflict insecure areas

• Increase transparency in land transactions, and for such transactions to respect the property rights of local communities
• Roll back protectionism and agree new trade deals to boost growth
• Cut bureaucracy at borders, particularly in the global south

• Publish official information about laws, budgets and spending to enable citizens to hold them to account