India, New Zealand ink three pacts including avoidance of double taxation

New Delhi [India], Oct 26 : India and New Zealand on Wednesday signed three agreements in the areas of double taxation avoidance, food security and sports to carry forward the ties between both sides.

The agreements were signed in the presence of Prime Minister Narendra Modi and his New Zealand counterpart John Key after the delegation-level talks.

There was an arrangement between the Food Safety and Standards Authority of India and the Ministry for Primary Industries of New Zealand regarding Food Safety Cooperation.

An MoU was signed between the Ministry of Youth Affairs and Sports of India and Sport New Zealand on cooperation in the field of youth affairs and sports.

Protocol to the convention between India and New Zealand for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.

The two sides also decided to establish a bilateral ministerial dialogue between the two Foreign Ministries.

Both nations also voiced their support for establishment of annual foreign ministry consultations at senior officials' level besides cooperation and dialogue on cyber issues.

Source: ANI