On 5 June 2021, the G7 countries announced a political agreement on Pillar One and Two. The changes proposed by the US in April 2021 formed the basis for the political agreement. This was followed by a statement by the Inclusive Framework on 1 July 2021, announcing a consensus by 130 countries. In the meeting during 9–10 July, G20 accepted the Two Pillar solution.
Click here to read more.