Avoidance of double taxation will enhance Indo-Rwandan trade

Editor,THIS LETTER is with reference to the article “Lake Kivu traders decry double taxation.” (The New Times, February 12, 2013).

Editor,

THIS LETTER is with reference to the article “Lake Kivu traders decry double taxation.” (The New Times, February 12, 2013).

It is a fact that “double taxation” is always an impediment when it comes to developing trade and commerce.

Avoidance of double taxation between India and Rwanda will definitely enhance Indo-Rwandan trade immensely.

It is my firm belief that with the right pro-active steps between the Chambers of Commerce of our two great countries and the subsequent signing of the necessary bi-lateral agreements between the Governments of India and Rwanda, we shall be able to avoid double taxation and allow trade, tourism and investments to grow by leaps and bounds.

Clarence Fernandes
Co-Chairman
Travel & Tourism Committee
Indian Merchants’ Chamber

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