Promotion of international cooperation to combat illicit financial flows and strengthen good practices on assets return to foster sustainable development A/RES/74/206 flows, in accordance with the existing relevant international frameworks, including the United Nations Convention against Corruption; 11. Urges Member States that have not yet done so to consider ratifying or acceding to the United Nations Convention against Corruption and the United Nations Convention against Transnational Organized Crime and the Protocols thereto, 6 and urges States parties to those Conventions and Protocols to make efforts towards their effective implementation; 12. Encourages countries and relevant multilateral and international organizations to continue their efforts to provide, upon request, technical assistance and capacity-building assistance to developing countries, as well as to support African and other regional initiatives, in order to improve their capacity to prevent, detect and combat illicit financial flows and strengthen good practices on assets return to foster sustainable development; 13. Notes with appreciation the first meeting of the Global Forum on Asset Recovery, held in December 2017, supported by the Stolen Asset Recovery Initiative, a joint initiative of the World Bank and the United Nations Office on Drugs and Crime, and welcomes the adoption of the Global Forum on Asset Recovery communiqué; 14. Notes the second International Expert Meeting on the Return of Stolen Assets, held in Addis Ababa from 7 to 9 May 2019, and encourages the continuation of its work in advancing efforts to strengthen the recovery and return of stolen assets in support of sustainable development; 15. Encourages further efforts by relevant national and international actors to mitigate transfer pricing not in line with the arm’s length principle and trade misinvoicing; 16. Calls upon all countries to work together to eliminate base erosion and profit shifting and to ensure that all companies, including multinationals, pay taxes to the Governments of countries where economic activity occurs and value is created, in accordance with national and international laws and policies; 17. Also calls upon all countries to cooperate, in accordance with applicable bilateral or multilateral agreements, in the areas of mutual legal assistance and administrative assistance in tax matters, as well as the automatic exchange of financial account information; 18. Recognizes that measures aimed at combating illicit financial flows often require cooperation between law enforcement agencies, and encourages Member States, where applicable and subject to their domestic legal system, and in line with their treaty obligations, to cooperate in this regard; 19. Stresses that anti-corruption measures should be an integral part of national development policies and strategies and that all jurisdictions should consider undertaking further research, policy development and progra mming, as appropriate, to address corruption; 20. Encourages closer public-private sector collaboration to better tackle corruption, and stresses that further research, policy development and programming should help in reaching this goal; 21. Notes that various jurisdictions have introduced mechanisms to increase beneficial ownership transparency, including, inter alia, beneficial ownership registries of legal entities and legal arrangements, such as companies, trusts and __________________ 6 19-22419 United Nations, Treaty Series, vols. 2225, 2237, 2241 and 2326, No. 39574. 5/7