Azerbaijan's parliament ratifies two agreements with Kyrgyzstan

Politics 13:15 28.06.2024

The Milli Majlis, Azerbaijan's parliament, has ratified two important agreements between Azerbaijan and Kyrgyzstan.

According to Ednews, the first agreement discussed and approved during today's parliamentary session was an additional agreement to amend the existing accord on the establishment of the Azerbaijan-Kyrgyz Development Fund.

Following this, the lawmakers deliberated on the elimination of double taxation on income and the prevention of tax evasion between Azerbaijan and the Kyrgyz Republic< This landmark deal is expected to significantly enhance trade relations and encourage cross-border investments by removing financial barriers.

After thorough discussions, both documents were put to a vote and successfully adopted by the Milli Majlis.

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