Tigran Khachatryan, Armenia's Minister of Economy and his Kyrgyz counterpart, Sanjar Muakanbetov signed the "Agreement on Excluding Double Taxation of Revenue and Preventing Tax Evasion between the Government of the Republic of Armenia and the Government of the Republic of Kyrgyzstan."
The agreement was signed on the sidelines of the session of the Eurasian Intergovernmental Council in Kyrgyzstan.
According to the Armenian ministry, the signing of the agreement on the elimination of double taxation of revenue will provide an opportunity to form a stable and predictable field for foreign investors while stimulating mutual investment benefits for both countries and intensifying trade and economic relations. The expansion of the movement of labor and technology is also guaranteed (Armenian, Kyrgyz economy ministers sign agreement on excluding double taxation, NEWS.am (August 9, 2019) (in English), Armenia and Kyrgyzstan sign agreement to avoid double taxation, ARKA.am (August 9, 2019) (in English)).
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