International taxation cooperation: member countries agree coordinated measures against treaty abuse, information gaps and profit shifting. Heads of revenue agreed a cooperative framework to address international taxation and transfer pricing by adopting seven areas of joint action-development of international standards, strengthened enforcement and international cooperation against non compliance, sharing best practices and capacity building, countering treaty abuse and complex profit shifting, establishing a BRICS mechanism to counter abusive avoidance, promoting effective exchange of information, and other common tax policy concerns-and to establish central points of contact and a Governance Framework to coordinate responses and share resources.