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Armenian-German talks on agreement to avoid double taxation

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  • Armenian-German talks on agreement to avoid double taxation

    Armenian-German talks on agreement to avoid double taxation will start
    in march 2013


    YEREVAN, December 7. /ARKA/. Armenian-German negotiations on an
    agreement to avoid double taxation will start in March 2013, Prime
    Minister Tigran Sargsyan said in his speech at the two-day
    Armenian-German business forum in the office of the German Commerzbank
    in Frankfurt.

    According to him, this decision was made a month ago at a meeting of
    the Armenian-German intergovernmental commission. The Prime Minister
    said Armenia has signed such agreements with 32 countries.

    Sargsyan also spoke about Armenia's prospective industries for
    investments, as well as projects being implemented in information
    technology, agriculture, renewable energy, tourism, pharmaceutical and
    chemical industries.

    According to Armenia's National Statistical Service, the trade
    turnover between Armenia and Germany in January-October 2012 amounted
    to $354.7 million, an increase of 7.4 percent compared to the same
    period in 2011. It accounted for almost 8 percent in Armenia's overall
    foreign trade. -0-

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