India, Thailand sign multiple agreements

India, Thailand sign multiple agreements

Bangkok: India and Thailand on Monday signed a number of important agreements, including the double taxation avoidance treaty, and exchanged instruments of ratification on the extradition treaty inked in 2013, which provides for the legal framework for seeking extradition of fugitive offenders.

The tax treaty provides for the framework to avoid double taxation and prevention of fiscal evasion with respect to taxes so as to promote bilateral economic cooperation.

On the last day of her three-day visit, External Affairs Minister Sushma Swaraj co-chaired the 7th meeting of the India-Thailand Joint Commission for Bilateral Cooperation.

The extradition treaty signed between the two countries in 2013 provides for the legal framework for seeking extradition of fugitive offenders, including those involved in terrorism, transnational crimes, economic offences etc.

The treaty provides for the extradition of any person, who is wanted for trial or for the imposition or enforcement of any sentence by one Contracting state and is found in the territory of the other Contracting state.

The exchange of instruments will help both the countries in expedited extradition of fugitives. This treaty will further strengthen the relationship between the security agencies of the two countries, officials said.

The two sides also signed a Memorandum of Understanding (MoU) on the Establishment of Nalanda University. By signing this agreement, Thailand joins other East Asian Summit countries in the establishment of Nalanda University in Bihar.

The agreements were signed by Swaraj and Thai Deputy Prime Minister and Foreign Minister Gen Tanasak Patimapragorn.
(PTI)

Related Post

Obama to visit Sri Lanka by year end
views 49
US President Barak Obama had assured that he would visit Sri Lanka at the end of this year, Leader of the House and Plantation Industries Minister Lak...
36 killed in Japan landslides
views 55
Rain-sodden slopes collapsed in torrents of mud, rock and debris on the outskirts of Hiroshima, killing at least 36 people and leaving seven missing, ...
Six killed in Nepal as protesters clash with police
views 54
KATHMANDU: Five demonstrators and a police officer died in clashes in southern Nepal as protests intensified against a proposed new constitution, poli...
Barack Obama invites Nawaz Sharif to visit US
views 220
Islamabad: US President Barack Obama has invited Pakistan Prime Minister Nawaz Sharif for an official visit, a move seen here as mark of support for h...
Exams cancelled for 170,000 students in India after officials leak test pap...
views 72
Three officials were arrested Monday for leaking a chemistry exam paper to students, which forced the test to be cancelled for the second time for the...

SHARE WHAT YOU THINK