Treaty on Global Currency Transactions Tax

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Treaty on Global Currency Transactions Tax

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PART I GENERAL PROVISIONS

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[Purpose of the Treaty]

[Purpose of the Treaty]

ARTICLE 2

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This Treaty shall aim at the following objectives:

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1. To curb financial instabilities in the global economy.

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2. To generate revenues to be utilised for the global common good.

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3. To monitor and to give guidance on the application of a global Currency Transaction Tax

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4. To stimulate the development of new forms of democratic participation and accountability in global economic governance, by virtue of its exemplary structure and initiatives.

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5. To build on the Treaty with a view to considering, through discussion and decision-making within the CTTO, to what extent the policies and forms of co-operation introduced by this Treaty may need to be revised with the aim of ensuring the effectiveness of the mechanisms of the CTTO.

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"Support unfettered Open Standards and Open Sources for the foundations of the Information Technology Infrastructure" RA