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Vietnam strengthens financial cooperation with Mexico

Vietnam and Mexico have agreed to speed up negotiations for the signing of an agreement on customs cooperation and another deal on double tax avoidance.
Vietnam strengthens financial cooperation with Mexico ảnh 1Deputy Minister of Finance Do Hoang Anh Tuan holds a working session with Mexican Minister of Finance and Public Credit Jose Antonio Meabe (Photo: VNA)
Mexico City (VNA) – Vietnam and Mexico have agreed to speed up negotiations forthe signing of an agreement on customs cooperation and another deal on doubletax avoidance.

The consensuswas reached at a meeting between Vietnamese Deputy Minister of Finance Do HoangAnh Tuan and Mexican Minister of Finance and Public Credit Jose Antonio Meabe.

The officialsheld that the future customs deal will be signed based on negotiations oncustoms in a relevant chapter of the Trans-Pacific Partnership (TPP) agreementand the two ministries should enhance cooperation in the time to come.

Tuan, who paid aworking visit to Mexico from February 12-14, proposed the Mexican Ministry of Financeand Public Credit send a delegation to Vietnam in April 2017 to finalise thedouble tax avoidance agreement.

Meabe noted Mexicoand Vietnam are open economies with similarities, affirming that Mexico iswilling to share experience with Vietnam in finance.

Earlier, Tuan metwith Director of the Tax Management Agency Osvaldo Santin. The two sidesdiscussed a wide range of issues related to online receipts, as well asmeasures to prevent risks, tax fraud and protect the rights of tax payers.

At a meetingwith Deputy Minister for Revenue Miguel Messmacher of the Ministry of Financeand Public Credit, the two sides discussed ways to manage budget revenues,while sharing experience in managing private and corporate income taxes,special consumption tax and value added tax.

During hisvisit, Tuan and his entourage also paid tribute to President Ho Chi Minh at hisstatue in Mexico City.-VNA
VNA

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