Luxembourg has signed a double taxation agreement with Norway, thus marking its 12th commitment to the Organisation for Economic Co-operation and Development's standard on tax information exchange. OECD secretary-general Angel Gurria said: 'I commend Luxembourg for its swift implementation of the OECD standards on exchange of information.' Gurria noted that despite the jurisdiction's initial reservations over the standard, the jurisdiction has demonstrated rapid progress in implementing it. Luxembourg has now been recognised for its substantial commitment to the international standard. But Gurria warns that reaching such a threshold 'should not be seen as just a numbers game. The threshold is not a ceiling. This is a dynamic process.'