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Pranab Mukherjee to arrive next week to sign DTAA
Monday, 21 November 2011 08:35 Read this : 791 times
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India's Finance Minister Pranab Mukherjee is set to arrive in Kathmandu on November 27 to sign the Double Taxation Avoidance Agreement (DTAA).

India's Finance Minister Pranab MukherjeeApart from signing the DTAA, Mukherjee will also meet top leaders of the major political parties during the one-day trip, Foreign Ministry sources said.

The Indian Finance Minister had agreed to visit Nepal to sign the deal during Prime Minister Baburam Bhattarai's visit to New Delhi last month. DTAA was to be signed during Bhattarai's visit, but was cancelled due to lack of preparations on the part of the Indian government.

The Bilateral Investment Promotion and Protection Agreement (BIPPA) signed during the PM's visit courted controversy in Nepal with a faction of the PM's own party, the UCPN (Maoist), describing it as 'anti-national'. nepalnews.com

 

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