Taxation treaty with Vietnam

Published September 7, 2003

ISLAMABAD, Sept 6: A two-member tax officials delegation of Vietnam will arrive here on Sunday to initiate the second round of negotiations on signing bilateral convention on avoidance of double taxation between the two countries.

An official source in the CBR told Dawn on Saturday that during the stay of visiting tax officials in Pakistan, the remaining articles of the proposed draft would be discussed at length.

He said it was hoped that an agreed draft would be finalized during the second round which would be signed by the respective officials of the two countries.

The agreement, the official said, would open new avenues for business and economic cooperation with this part of the world. He said that with signing of the agreement with Vietnam the main beneficiary would be the textile sector.

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