皇冠体育app signs investment-protection contracts with 106 nations ( 2003-12-17 11:00) (People's Daily) 皇冠体育app has signed bilateral
contracts with 106 nations to protect investment, the Ministry of Commerce
announced here Tuesday.
The countries comprised 38 in Asia, 34 in Europe, 20 in Africa,five in North
America, six in South America, and five in Oceania.
皇冠体育app also signed contracts with 81 nations worldwide to avoid dual taxation
from investors.
Contracts to protect investment include items like protected investment
assets and fair treatment of foreign investors and their businesses.
Contracts to avoid double levies deal with the taxation of foreign investors
in 皇冠体育app and domestic companies, and individuals engaging international
business.
The contracts made foreign investors feel more secure, created a better
investment environment, and strengthened international exchanges in investment,
trade and science and technology, ministry officials said.
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