Pakistan, Tajikistan work on eliminating double taxation

Envoy stresses need for boosting bilateral linkages

Envoy stresses need for boosting bilateral linkages. PHOTO: FILE

FAISLABAD:
Pakistan and Tajikistan are negotiating to eliminate double taxation in order to promote bilateral trade on a sustained basis, announced Tajikistan Ambassador Jononov Sherali.

Speaking to members of the Faisalabad Chamber of Commerce and Industry (FCCI), Sherali emphasised that both countries enjoyed good relations and bilateral linkages should be enhanced between business communities of the two sides.

He pointed out that a delegation of Pakistan cement manufacturers had visited Tajikistan in 2013 and in that connection a cement unit was set up in the Central Asian country, which was not only catering to its domestic needs, but was also exporting surplus cement to Afghanistan.

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The ambassador said there were four economic zones in Tajikistan offering a five-year tax holiday across the board. He particularly mentioned a Faisalabad-based company, which had established its paint manufacturing unit and was successfully working there.

He announced that an exhibition would be held in Dushanbe in March next year and voiced hope that the business community of Faisalabad would also participate.

Talking about direct flights between Islamabad and Dushanbe, he pointed out that initial negotiations were held in October and called it one of the most feasible routes.

Sherali also invited FCCI members to visit Tajikistan and assured them of maximum facilitation.
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