Oman-Bangladesh MoU on manpower
August 27, 2008
MUSCAT — Oman and Bangladesh have concluded a memorandum of understanding (MoU) on manpower cooperation and an agreement to avoid double taxation following discussions here on Saturday between senior officials from the two countries.
Dr Juma bin Ali bin Juma, Manpower Minister, who signed the MoU with Dr Iftikhar Ahmed Chowdhury, Adviser at the Ministry of Foreign Affairs and Ministry of Expatriate Welfare and Overseas Employment in Bangladesh, said the deal encompassed the categories of manpower, specialised, skilled and semi-skilled workers, required by Oman’s labour market.
The taxation agreement, meanwhile, is aimed at avoiding double taxation on income generated from international air transportation. Juma said it sought to regularise taxes imposed by the two countries on national airline companies that operated international services.
Saud bin Nasser Al Shikaili, Secretary-General of Taxation at the Finance Ministry, said the accord would enhance bilateral trade and passenger and cargo traffic. The Sultanate has now signed 11 agreements with foreign countries for avoiding double taxation in the air transport sector.
Chowdhury said the pact would give a fillip to bilateral cooperation. Also on Saturday, the Deputy Prime Minister for the Council of Ministers, Sayyid Fahad bin Mamhood Al Said, received the Bangladeshi official. The Deputy Premier expressed his satisfaction at the level of Oman-Bangladesh relations, and the two sides agreed to step up these links further, especially in the economic sector with the active participation of private sectors in both countries. Chowdhury said Bangladesh was keen to expand ties with Oman, adding that the two new agreements would open up ‘new horizons’ of cooperation.
Source: Khaleej Times
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