02.05.08

Seychellois President visits Kuwait

Posted in Double Taxation Agreements, International relations, Seychelles government at 11:02 pm by Robert Klien

President James A. Michel is currently visiting Kuwait as a result of the invitation of His Highness Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, the Amir of the State of Kuwait.

During his stay, President of Seychelles will hold talks with His Highness The Amir, Prime Minister Nassir al-Muhammad Al-Ahmad Al-Sabah, and National Assembly Speaker Jassem Mohammad Al-Kharafi, and meet the representatives of the Kuwait Investment Authority and the Kuwait Fund for Arab Economic Development.

It is worth indicating that Seychelles established diplomatic relations with Kuwait on July 11, 1988. Cooperation between the two countries has been mainly with the Kuwait Fund for Development that has financed the East Coast Fisheries, PUC Electricity Generation Project and the Praslin Sewerage Facilities.

After a final round of negotiations held in February 2007, Seychelles and Kuwait are expected to sign the agreement on double taxation avoidance.

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