Commitment Letter Commitment Letter Attachment Effective Exchange of Information Transparency

ATTACHMENT

This attachment outlines the measures the Government of the British Virgin Islands undertakes to implement on a phased basis by 31st December, 2005 with respect to the principles of transparency and effective exchange of information.

The Government of the British Virgin Islands recognizes that the achievement of transparency and effective exchange of information on a global basis requires a level playing field. In this regard, the Government of the British Virgin Islands understands that it will be invited to fully participate on an equal basis in the Global Forum to discuss the design of internationally accepted standards relevant to this commitment.