King Mohammed VI and the President of Ethiopia chair the signing ceremony of seven public bilateral conventions and agreements

By on November 19, 2016

King Mohammed VI and President of the Democratic Federal Republic of Ethiopia, Mulatu Teshome, have chaired on Saturday at the National Palace in Addis Ababa, the signing ceremony of seven public-public agreements and bilateral agreements.

In harmony with the Royal orientation towards strengthening the South / South partnership, these agreements provide an expanded and operational legal framework for structuring fruitful collaboration between the governments of both countries.

They cover areas as diverse as air services, tax cooperation, investment protection, agriculture and renewable energy.

A Memorandum of Understanding on Economic, Scientific, Technical and Cultural Co-operation was signed by Mr. Nasser Bourita, delegate Minister for Foreign Affairs and Cooperation, and Mr. Taye Atske Selassie, Ethiopian Minister for Foreign Affairs.

The second convention is an agreement on air services.

The third convention is an MOU on trade promotion.

The Fourth Convention seeks to avoid double taxation and to prevent tax evasion with respect to taxes on income.

The Fifth Convention is an agreement on the promotion and reciprocal protection of investments.

The Sixth Convention is an agreement on cooperation in the field of agriculture.

And the Seventh Convention is a draft Cooperation Agreement in the field of renewable energies.

This signing ceremony was attended by members of the official delegation accompanying the King, and several members of the Ethiopian government, in addition to economic operators from both countries.

At the end of this ceremony, the sovereign Mohammed VI, signed the Guest Book of the National Palace of Ethiopia.

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