Friday, July 27, 2012

India, Indonesia discuss South China Sea, ink tax treaty friday

www.bethelfinance.com

Indonesia and India inked a treaty on avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and discussed strategic bilateral and regional issues.
External Affairs Minister SM Krishna and his Indonesian counterpart Marty M Natalegawa co-chaired the fourth meeting of the India-Indonesia Joint Commission and identified specific areas in which both countries would be working together to take the relationship to the next high level.
"Prior to the Joint Commission Meeting, Foreign Minister Marty and I had very useful discussions on the current status of our bilateral relations and exchanged views on regional and international issues,"said Krishna to press meeting interaction with his Indonesian counterpart.
Natalegawa said efforts were on by the ASEAN countries to come out with a code of conduct for the South China Sea after the disappointment at the recent ASEAN summit in Phnom Penh, Cambodia.

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