Egypt, Croatia ink double taxation avoidance agreement

Egypt signed a double taxation avoidance agreement with Croatia on Tuesday, said a statement by the Egyptian Ministry o Finance on Tuesday.

The agreement was signed by Egyptian Minister of Finance Mohamed Maait and his Croatian counterpart Marko Primorac.

It was signed on the sidelines of the eighth annual meeting of the Asian Infrastructure Investment Bank (AIIB) held in Sharm El-Sheikh on Monday and Tuesday.

The agreement will stimulate trade and enhance investment between both nations.

Maait called for more Croatian investments to help the investors benefit from the governmental measures taken to boost exports in various sectors.