The Joint Globalization Task Team (GZTT) deals with issues arising from globalization and on the treatment of multinational enterprises and special purpose entities within the framework of the revision.
Further details on the mandate and operations; guidance notes and working procedures; composition; and key issues addressed by the GZTT are provided in the Terms of Reference.
After an initial draft of the guidance note is approved by the AEG and Balance of Payments Task Team, guidance notes will be posted for Global Consultation to receive feedback from worldwide compilers and users of macroeconomic statistics. The outcome of the consultation is further informing the proposals to be presented for formal endorsement to BOPCOM and AEG/ISWGNA. Endorsed guidance notes will be considered for the update of the 2025 SNA and BPM7.