MUSCAT : The agreement aims to provide legal protection for investors from double taxation and regulate taxation mechanisms, to contribute to enhancing investments and trade exchange between the two friendly countries.

The agreement was signed by H.E. Sheikh Dr. Abdullah bin Salim Al Harthy, Ambassador of the Sultanate of Oman to the Grand Duchy of Luxembourg, by H.E. Gilles Roth, Minister of Finance.

Following the signing, the two sides held a discussion session, where H.E. Worth, Finance Minister of the Grand Duchy of Luxembourg, affirmed his country’s readiness to enable maximum benefit from this agreement in enhancing levels of economic cooperation between the two friendly countries.

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