久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語(yǔ)Fran?ais
World
Home / World / Africa

Kenya signs tax deal with China

By LUCIE MORANGI | chinadaily.com.cn | Updated: 2017-09-22 02:42
Share
Share - WeChat

Kenya Treasury Principal Secretary Dr Kamau Thugge and Sun Ruibiao, China's deputy administrator of the State Administration of Taxation, during the signing of the Double Taxation Agreement in Nairobi, Kenya. Photo by Lucie Morangi for China Daily

China and Kenya signed an agreement on Thursday in Nairobi that will exempt investors of both countries from paying taxes twice on their earnings.

The Agreement on the Avoidance of Double Taxation, better known as DTA, came after two years of negotiations. It was signed by Sun Ruibiao, the deputy commissioner of the State Department of Taxation of China, and Kamau Thugge, the principal secretary of Kenya's National Treasury.

Henry Rotich, cabinet secretary for the treasury, who was present for the signing of the agreement, said that surging growth of trade and investments between the two countries required the agreement.

"I know entrepreneurs with operations in both countries will be happy," he said, adding that the move is expected to increase foreign direct investment (FDI) as have DTAs that Kenya has signed with other countries. Kenya has signed 20 DTAs since independence.

"Over the recent past, Kenya has been building a firm foundation to improve the country's attractiveness to foreign investors. We have received immense support from China, and the DTA will improve the landscape further," said Rotich.

He said that the government expects FDI from China will be directed toward growing the textile, leather and agricultural industries.

"China plans to relocate some of its light industries due to increase in wages. We are positioning ourselves to be the preferred destinations of these investments. This will generate jobs and the ripple effect to the economy will far outweigh the income repatriated back to China for taxation," Rotich said.

Sun said the agreement provides certainty and eliminates double taxation and evasion. "I know that it will boost Chinese investments to Kenya and will solidify China-Kenya bilateral relationship," he said.

Also present at the signing was China's ambassador to Kenya, Liu Xianfa, who noted that local entrepreneurs exporting tea and flowers to China will benefit immensely from the agreement as they will be exempted from paying taxes twice.

Lucymorangi@chinadaily.com.cn

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 国产精品九九九久久九九 | 亚洲男人的天堂在线视频 | 亚洲精品日韩一区二区 | 欧美亚洲国产精品久久久 | 成人久久18免费游戏网站 | 又黄又爽又刺激的视频 | 欧美激情国产一区在线不卡 | 99精品小视频 | 黄网站色视频免费观看w | 九九成人| 综合久久久久久中文字幕 | 亚洲欧美在线免费观看 | 欧美一级片免费在线观看 | 人成精品视频三区二区一区 | 亚洲国产精品线观看不卡 | 69福利网| 美国的毛片免费的 | 免费一级片视频 | 亚洲精品国产一区二区三区在 | 午夜国产| 国产一级做a爰片在线 | 国产三香港三韩国三级不卡 | 免费一级肉体全黄毛片 | 日本国产精品 | 国产成人精品日本亚洲语音2 | 久久精品2020| 9久久免费国产精品特黄 | 毛片96视频免费观看 | 欧美一级v片 | 久久99久久99精品观看 | 日韩在线视频免费 | aaa毛片免费观看 | 欧美精品成人一区二区视频一 | 亚洲自拍中文 | 久久99精品久久久久久h | 亚洲欧美小视频 | 久久免费激情视频 | 三级c欧美做人爱视频 | 一区二区三区 亚洲区 | 中文字幕免费 | 欧美视频一区二区三区四区 |