EN
4 July 2003 - 14:38 AMT

ARMENIA AND CANADA GOING TO SIGN AGREEMENT ON DOUBLE TAXATION AVOIDANCE

The issue of signing an agreement on the avoidance of double taxation between Armenia and Canada is being viewed. Chairman of the Armenian National Assembly Arthur Baghdasarian and the deputies of the Canadian parliament being the members of the Armenian-Canadian friendship group discussed the present issue in Yerevan. According to the report of the Armenian NA press service, two programs, namely the creation of a joint enterprise with “Bombardier” Canadian aircraft building company and “Armenian Airlines” company as well as the project of building a hydro power station on Araks River together with “Agra Minenko” company are in the process of discussion at present.