LOC22:04
19:04 GMT
By Mohammad Baqari (with photos)
TIRANA, Jan 14 (KUNA) -- Albanian finance minister Ridvan Bode said Monday
his government was wording an agreement to cancel dual taxation with the State
of Kuwait.
The agreement, which was supposed to be signed during last month's visit of
Kuwait Prime Minister Sheikh Nasser Mohammad Al-Sabah to Tirana, had been
returned to the experts for re-wording in order to cope with economic laws of
Kuwait, Bode said in a statement to KUNA.
The new agreement, Bode said, was scheduled to be signed in April of this
year.
The new deal, he said, would contribute directly to activation and
facilitation of commercial and economic relations between Albania and Kuwait,
as well as removing obstacles facing flow of goods between both countries.
The deal, said the minister, would encourage the Kuwaiti government and
businessmen to invest in Albania.
The Albanian ministry of finance has taken steps to implement a government
committee, whose establishment was signed during Kuwait Prime Minister's visit
to Tirana.
This committee, Bode went on, would serve as a cornor stone for the
development of political, economic, technical, scientific, tourism and
cultural relations.
The Albanian and Kuwaiti governments are in constant contacts to speed up
the function of the committee, he said.
The Albanian ministry of finance is looking forward for the attraction of
Kuwaiti capitals, said Bode.
Bode said he realized how important it was to reform the economic laws in
Albania in order to provide more guarantees for foreign investments. (end)
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