Minister of Finance and Economic Planning Yusuf Murangwa welcomed Ms. Jeanne Crauser, the Ambassador of Luxembourg to Rwanda, for a courtesy go to at the moment.
They talked about find out how to strengthen bilateral cooperation between the 2 nations by constructing on present agreements, together with cooperation on the Kigali International Financial Center, air service settlement, and double taxation.
Recently, Rwanda has signed a sequence of agreements with Luxembourg together with a double tax avoidance settlement (DTAA) and an MoU that goals to assist Rwanda’s ambitions to develop into a monetary hub for worldwide investments within the area.
The Luxembourg (LuxSE) and Rwandan (RSE) inventory exchanges signed a long-term MoU as a way to attach the monetary markets in each nations.
In 2020, Rwanda’s Kigali International Financial Centre was arrange in a bid to consolidate Rwanda’s place as a gateway for investments on the continent.
Several Luxembourg corporations are lively in Rwanda and a number of other others have indicated an curiosity to do enterprise within the nation. (End)