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Latvia and India singed double tax avoidance agreement

Staff writer |
The Latvian and Indian foreign ministers signed an agreement on the prevention of double taxation and tax evasion.

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The parties expressed confidence that the agreement will facilitate mutual economic cooperation by ensuring a more favorable environment for business activities.

The foreign ministers also discussed bilateral relations, as well as international affairs, LETA was informed by the Foreign Ministry's press and information department.

The Latvian foreign minister informed his counterpart about the intention of opening a Latvian Embassy in New Delhi at the beginning of next year, which would strengthen Latvia’s presence in India and the contacts between both countries.

In turn, the Indian foreign minister expressed satisfaction with the good relations between Latvia and India, which is reflected both by the establishment of a Latvian Embassy and the current visit of the Latvian foreign minister and a delegation of business representatives.

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