Armenia is planning to exclude double taxation in economic relations with Malta and Singapore. This is what Deputy Minister of Finance of Armenia Arman Poghosyan said during today’s session held by the Standing Committee on Economic Affairs of the National Assembly of Armenia.

Poghosyan spoke on behalf of the Armenian government and asked to ratify the specified agreements on exclusion of double taxation as quickly as possible, adding that the government hopes to significantly increase the volumes of trade turnover and investments with those two countries. “The entry into force of the agreements will serve as a major contribution to the increase of investment attractiveness of the national economies and betterment of the economic activity indicators in general,” Poghosyan stated.