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Moldova is interested in continuing negotiations with Japan on signing an agreement on promotion and mutual protection of investments and finalizing a convention on avoidance of double taxation

Moldova is interested in continuing negotiations with Japan on signing an agreement on promotion and mutual protection of investments and finalizing a convention on avoidance of double taxation

This was stated by Moldovan Foreign Minister Mihai Popşoi during a meeting in Tokyo with Osamu Mogi, Chair of the International Affairs Committee for Relations with Europe and America, which took place at the headquarters of the Japanese Association of Corporate Executives - Keizai Doyukai. The participants discussed investment opportunities and promising sectors of Moldova's economy. Mihai Popşoi invited the members of Keizai Doyukai, Japanese business people, to visit Moldova, in order to better understand the opportunities offered by Moldova. He said that the free economic zones and attractive tax incentives are only some of the advantages they can benefit from in Moldova. According to the official data, 15 enterprises with Japanese and mixed capital are registered in Moldova, and the Moldovan side advocates that this number be considerably increased in the future. Attracting more investors is a priority for Moldova. In this context, the Moldovan Foreign Minister emphasized the Moldovan authorities' interest to continue talks with Japan on the signing of an agreement on the promotion and mutual protection of investments, as well as on the finalization of a convention on the avoidance of double taxation. Mihai Popşoi praised the positive dynamics of Moldova's foreign trade volume with Japan, which exceeded $70 million in the first 8 months of the current year, reflecting a favorable trend and an important potential for deepening the economic relations between the two countries. Keizai Doyukai is a private Japanese organization whose activity is aimed at strengthening the Japanese economy. The association unites more than 1,600 top managers of more than 1,000 corporations. // 12.11.2024 - InfoMarket

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