Africa  

Kenya, Turkey to sign tax treaty to enhance commercial ties

Source: Xinhua   2018-07-14 01:25:46

NAIROBI, July 13 (Xinhua) -- Kenya and Turkey are set to sign a double taxation avoidance agreement in order to boost bilateral commercial ties, a Turkish diplomat said Friday.

Ahmet Cemil Miroglu, Turkish Ambassador to Kenya, told a media briefing in Nairobi that both nations have already agreed on the text of the agreement.

"Both countries are closely coordinating in order to find the appropriate time for the two governments to sign the tax agreement," Miroglu said when Turkey commemorated the second anniversary of the attempted coup in 2016.

Miroglu said that Kenya held presidential elections in 2017, while Turkey held theirs this year and this slowed down the signing of the bilateral tax treaty.

Both nations have already signed a number of agreements including investment protection agreements.

Miroglu said that the tax treaty is aimed at enhancing commercial and investment cooperation between the two countries.

He added that in 2017, bilateral trade hit 150 million U.S. dollars and both governments have put a target of reaching 1 billion dollars in the next few years.

Government data indicates that Kenya exports tea, coffee and flowers to Turkey while Kenya imports from Turkey mainly machinery equipment.

Turkish President Recep Tayyip Erdogan visited Kenya in 2016 and Kenyan President Uhuru Kenyatta is set to visit Turkey soon.

The envoy said that Turkish investments in Kenya are approximately 30 million dollars and his nation's private sector is looking to enter into the agriculture, energy and housing sectors.

Editor: xuxin
Related News
Home >> Africa            
Xinhuanet

Kenya, Turkey to sign tax treaty to enhance commercial ties

Source: Xinhua 2018-07-14 01:25:46

NAIROBI, July 13 (Xinhua) -- Kenya and Turkey are set to sign a double taxation avoidance agreement in order to boost bilateral commercial ties, a Turkish diplomat said Friday.

Ahmet Cemil Miroglu, Turkish Ambassador to Kenya, told a media briefing in Nairobi that both nations have already agreed on the text of the agreement.

"Both countries are closely coordinating in order to find the appropriate time for the two governments to sign the tax agreement," Miroglu said when Turkey commemorated the second anniversary of the attempted coup in 2016.

Miroglu said that Kenya held presidential elections in 2017, while Turkey held theirs this year and this slowed down the signing of the bilateral tax treaty.

Both nations have already signed a number of agreements including investment protection agreements.

Miroglu said that the tax treaty is aimed at enhancing commercial and investment cooperation between the two countries.

He added that in 2017, bilateral trade hit 150 million U.S. dollars and both governments have put a target of reaching 1 billion dollars in the next few years.

Government data indicates that Kenya exports tea, coffee and flowers to Turkey while Kenya imports from Turkey mainly machinery equipment.

Turkish President Recep Tayyip Erdogan visited Kenya in 2016 and Kenyan President Uhuru Kenyatta is set to visit Turkey soon.

The envoy said that Turkish investments in Kenya are approximately 30 million dollars and his nation's private sector is looking to enter into the agriculture, energy and housing sectors.

[Editor: huaxia]
010020070750000000000000011100001373226521
国产无码在线观看免费在线,37pao国产成视频,日韩一区二区视频在线,国产国产人免费人成免费视频麻豆
中文字幕日本乱码精品久久 | 亚洲欧美综合国产精品二区 | 亚洲中文字幕久久电影 | 中文字幕制服丝袜一区二区三区 | 亚洲人成伊人成综合网中文强 | 日本性爱欧美精品 |