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An agreement between Japan and Serbia on the elimination of double taxation has entered into force

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Serbian Foreign Minister Nikola Selakovic exchanged notes with Japanese Ambassador Takahik Katsumat in Belgrade today on the entry into force of the Agreement between the two governments on the elimination of double taxation in relation to income taxes and prevention of tax evasion, the Serbian Ministry of Foreign Affairs announced. Selakovic said that “an extremely important step has been made in terms of further improvement of economic and investment cooperation, but also overall ties with friendly Japan.”

“The signing and entry into force of this important bilateral agreement is in line with the current upward trend in economic cooperation between our two countries with the growing interest of Japanese business circles in our market, new and significant contacts and launching large investment projects by renowned Japanese companies such as, among others, Jazaki, Tojo Tyers and Nidek,” said Selakovic.

He added that today’s ceremony has additional significance and symbolism, because it precedes the celebration of the 140th anniversary of friendship between the two countries next year.

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“We estimate that this important jubilee represents an excellent starting point for further comprehensive improvement of bilateral relations and strengthening of political dialogue, primarily through visits at the highest level, including visits by members of the Japanese royal family to Serbia, which we are very interested in,” said the Serbian minister.

He pointed out that Serbs and Japanese, regardless of geographical distance, nurture great mutual respect, sympathy and interest in learning about cultural and historical heritage and tradition, and that these are special ties that bring our two peoples closer and open the way for strengthening overall cooperation.

“The Serbian and Japanese people were next to each other even in difficult moments. I take this opportunity to express my great gratitude for the exceptional solidarity and assistance that Japan has provided to the citizens of Serbia in the past two decades. The Serbian people do not forget that,” Selakovic added, Danas reports.

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