1. Agreements On the Promotion And Protection Of Investments
These agreements aim to promote and protect the investments of the nationals and enterprises of one contracting party in the territory of the other contracting party by providing an appropriate legislative environment to stimulate and increase investment, trade and industrial activity. The Agreement also provides adequate guarantees to nationals or enterprises of the other contracting party to transfer their profits, dividends and other current income. The investments will not be subject to expropriation except for a public purpose and against prompt and adequate compensation.
2. Agreements On the Avoidance Of Double Taxation And The Prevention Of Fiscal Evasion With Respect To Taxes on Income
These agreement aim primarily to eliminate the double payment of taxes by nationals and enterprises of a Contracting State in the territory of the other. It also aims to create an appropriate economic environment to attract capital between the two contracting parties.
3. Agreements On Reciprocal Exemption With Respect To Taxes On Income Arising From The Business Of International Air Transport
These Agreement aim to establish a reciprocal exemption from taxes on income, profits and gains derived from the operation of aircraft in international traffic and custom duties on equipments and materials imported by the air transport enterprises of the two contracting parties.
4. Agreements On Economic, Trade, And Technical Co-operation
These Agreement aim to develop economic, trade and technical co-operation in accordance with the laws of each contracting party and create appropriate conditions to develop co-operation on the basis of reciprocal interests. This allows the free inflow of goods, capital, and services and the free movement of individuals and investments between the two contracting parties