UAE signs agreements with Saint Kitts and Nevis on taxation, investment
The agreements came as part of the Ministry’s strategy to expand its international relations and to protect and promote Emirati investments abroad.
Obaid Humaid Al Tayer, Minister of State for Financial Affairs and Mark Brantley, Minister of Foreign Affairs and Aviation of Saint Kitts and Nevis, signed the agreement at the ministry office.
Al Tayer stressed the importance of the agreements in expanding Emirati investments globally. He highlighted that the agreements provide the necessary tools to strengthen investments and protect them from non-commercial risks that might affect their performance.
The UAE has signed more than 103 agreements on the avoidance of double taxation, and more than 63 agreements to protect and promote investment with various countries. ■