In a recent Cabinet session, the government of Armenia greenlit the agreement with the Hong Kong Special Administrative Region of China aimed at eliminating double taxation of income and curbing tax avoidance and evasion. This pivotal agreement is poised for official signing, marking a significant step towards fostering economic collaboration between the two entities.
Furthermore, the State Revenue Committee is set to host the sixth high-level meeting of the Asia Initiative in Armenia this June, with Hong Kong's active participation anticipated. The forthcoming event serves as a platform for enhancing regional cooperation and discussing key tax-related matters.
The agreement between Armenia and Hong Kong is slated to be formally signed during the upcoming high-level meeting, underscoring the commitment of both parties to bolstering bilateral relations and promoting a conducive environment for economic growth.