An agreement between Bangladesh and China was signed here yesterday to avoid double taxation, reports BSS.

According to an official handout provisions have been made in,the agreement for avoiding complexities relating to income tax and other allied taxes on income and investment of the nationals of both countries.

Tile Bangladesh delegation was led by A F M Tayebur Rahman. Member. National Board of Revenue, while the Chinese delegation was led by Sun Yuganj. Deputy Director of the- State Administration of Taxation of China.

It is hoped that implementation of the agreement will pave the way for Increasing Chinese investment in different industrial sectors of Bangladesh, the handout said.