Croatia, India sign double taxation avoidance deal

Zagreb, Feb 13: Croatia and India signed a double taxation avoidance treaty here Wednesday as a step enhancing their economic ties.

Croatian Finance Minister Slavko Linic and visiting Indian Minister of State for External Affairs Preneet Kaur signed the treaty, Xinhua reported.

Kaur said at a press conference that she hoped the treaty would promote the economic and trade cooperation between two counties to a higher level, adding the present cooperation does not reflect the potential.

Croatian Foreign Minister Vesna Pusic said the treaty was one of the key preconditions for boosting bilateral cooperation.

Kaur invited Croatian companies to a business forum between India and Central and Eastern European countries scheduled for late March in New Delhi.

During her stay in Zagreb, the Indian minister met with Croatian President Ivo Josipovic and Parliament Speaker Josip Leko Wednesday.