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TIRANA, Feb 2 – Last week the Indian government gave a green light to sign the Double Taxation Avoidance Agreement (DTAA) between India and Albania, according to the Indian press.
“Accordingly, an agreement will be signed in due course and come into force after completion of internal procedures as required by the respective laws of both the countries,” the spokesman said after the cabinet meeting.
The agreement aims to promote economic cooperation between the two countries and will stimulate the flow of capital, technology and personnel between India and Albania.
“It will also contribute to the tax stability and facilitate mutual cooperation,” the spokesperson added.
