UAE and Italy to strengthen economic and trade ties

June 18, 2014 9:26 am

UAE Minister of Economy, Sultan Bin Saeed Al Mansouri said that UAE and Italy have considerable potential to develop bilateral trade and business ties between the two countries, Go Dubai has reported. The UAE and Italy have also signed agreements on increasing economic, industrial and fiscal cooperation. The two governments are seeking to protect the business community by agreeing to avoid double taxation of income and prevent fiscal evasion and fraudulent financial practices.