"We call upon all countries to join the Global Forum on transparency and to sign on the Multilateral Convention on Mutual Assistance...to combat money laundering and the financing of terrorism and proliferation of weapons of mass destruction," said the communique issued after G-20 meeting of Finance Ministers and Central Bank Governors in Washington on Saturday.
G-20 is a grouping of rich and developing countries. The Multilateral Convention on Mutual Administrative Assistance facilitates sharing of tax information among the member countries.
India for long has been pressing for automatic exchange of information among the countries to deal with the menace of money laundering and terror financing.
"India believes that Automatic Exchange of Information is one of the most effectiv…