A/HRC/RES/58/7 international tax cooperation framework that takes into full consideration existing international and multilateral arrangements, including international human rights law, Noting the calls to create a public global asset registry, containing beneficial ownership information in order to curb illicit financial flows and transfers of untaxed wealth of corporations and individuals, as an important tool to avoid the diversion of crucial resources necessary for States to fulfil their human rights commitments and fight against inequality and as a key component of global tax reform, Welcoming the work carried out by different United Nations bodies and mechanisms, including the United Nations Conference on Trade and Development and the United Nations Office on Drugs and Crime, and by international and regional organizations in preventing and combating all forms of corruption, and encouraging them to continue their consideration of the negative impact of illicit financial flows on the enjoyment of human rights, to further explore policy responses to the phenomenon and to coordinate their efforts in this regard, Noting with appreciation the Lausanne process initiative on practical guidelines for efficient asset recovery, the Stolen Assets Recovery Initiative of the World Bank Group and the United Nations Office on Drugs and Crime, and the efforts made by the United Nations Conference on Trade and Development and the United Nations Office on Drugs and Crime on measuring illicit financial flows, and encouraging coordination among existing initiatives, Welcoming the Pan-African Conference on Illicit Financial Flows and Taxation, held in Tunis from 26 to 28 June 2024, on the theme “Africa’s Tax Agenda in Combating Illicit Financial Flows: from Words to Action”, and recognizing the progress made by African countries in addressing illicit financial flows while acknowledging the evolving dynamics of national, regional and international tax policies, emphasizing the persistent challenges that hinder efforts to combat illicit financial flows and reaffirming the commitment of stakeholders to overcoming these obstacles, while underscoring that the fight against illicit financial flows is essential for achieving inclusive growth and sustainable development in alignment with the vision and aspirations of Agenda 2063, 1. Recalls the study of the Human Rights Council Advisory Committee on utilizing non-repatriated illicit funds with a view to supporting the achievement of the Sustainable Development Goals,1 and also recalls the proposed courses of action in the study; 2. Welcomes the work undertaken by the Independent Expert on the effects of foreign debt and other related international financial obligations of States on the full enjoyment of all human rights, particularly economic, social and cultural rights,2 and requests her to continue to consider the impact of illicit financial flows on the enjoyment of human rights as part of the mandate; 3. Also welcomes the holding on 13 February 2024 of the intersessional expert meeting on the obstacles to the repatriation of funds of illicit origin to the countries of origin and their impact on the enjoyment of human rights;3 4. Recalls with appreciation the report of the Independent Expert on the effects of foreign debt and other related international financial obligations of States on the full enjoyment of all human rights, particularly economic, social and cultural rights on a non-binding set of practical guidelines for efficient asset recovery;4 5. Recalls the high-level meeting on international cooperation to combat illicit financial flows and strengthen good practices on assets return, convened by the President of the General Assembly on 16 May 2019; 6. Calls upon all States that have not yet acceded to the United Nations Convention against Corruption to consider doing so as a matter of priority; 7. Underscores that the repatriation return of funds of illicit origin is key for States that are undergoing a reform process and for improving the realization of economic, 1 A/HRC/43/66. See A/HRC/58/51. 3 See A/HRC/56/37. 4 A/HRC/52/45. 2 4