Friday, August 9 2019 18:20
Alina Hovhannisyan

Ministers of economies of Armenia and Kyrgyzstan sign  intergovernmental agreement on elimination of double taxation 

Ministers of economies of Armenia and Kyrgyzstan sign  intergovernmental agreement on elimination of double taxation 

ArmInfo. During the meeting of  the Eurasian Intergovernmental Council the Ministers of Economy of  Armenia Tigran Khachatryan and Kyrgyzstan Sanjar Mukanbetov signed an  intergovernmental agreement "On the elimination of double taxation  and prevention of tax evasion". This is stated in the official  message of the department.

The agreement will resolve tax issues arising in trade and economic  relations between states, as well as provide an opportunity to  stimulate mutual investment, intensify trade and economic relations,  including expanding the movement of labor and technology.

According to the source, on August 9, a meeting of the Eurasian  Intergovernmental Council started in Cholpon-Ata (Kyrgyzstan), in  which Prime Minister of Armenia Nikol Pashinyan, Deputy Prime  Minister Mher Grigoryan and Minister of Economy of the Republic of  Armenia Tigran Khachatryan participated.  According to the  Statistical Committee of the Republic of Armenia, in the first half  of 2019, the trade turnover between Armenia and Kyrgyzstan amounted  to $ 1.4 million, with y-o-y growth of 3.4-fold. In particular,  exports increased 4.3-fold to $ 1.4 million, and import decreased by  54.4% to $ 49.5 thousand.  For the whole of 2018 foreign trade  turnover between Armenia and Kyrgyzstan decreased by 31.4% to $ 1.2  million, namely, the decline in exports by 45% to $ 970.5 thousand  was accompanied by an increase in imports 3.4-fold to $ 300.2  thousand.

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10 billion

Volume of T-bills for placement

200 million

Volume of submitted competitive applications

200 million

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200 million

Yield at cut-off price

 5.8314%

Maximum yield

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Мinimum yield

 5.8314%

Weighted average yield

 5.8314%

Number of participants

2

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03.02.2020

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  USD

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482,00

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