MSAR, Cape Verde to ink tax agreement

Macau and Cape Verde will sign an agreement to avoid double taxation and tax evasion, secretary for Finance and Economy Francis Tam Pak Yuen said yesterday.
The Chief Executive Fernando Chui Sai On had already given the green light on Monday for the secretary to prepare the agreement – a dispatch was gazetted empowering Tam to sign the convention with the African country.
The secretary also confirmed that East Timor President José Ramos-Horta will attend the 3rd Ministerial Conference between China and Portuguese-speaking Countries, which will kick off in the city on Saturday. The event will be presided  over by prime minister Wen Jiabao.
Also attending the conference is Portuguese prime minister José Sócrates, as well as prime ministers Aires Ali of Mozambique and Carlos Gomes Junior of Guinea-Bissau, according to Portuguese news agency Lusa.
Economy minister Manuel Nunes Junior will represent Angola, while Cape Verde is sending Manuel Inocêncio Sousa, minister of Infrastructure, Transports and Sea to the conference. Deputy minister of Foreign Affairs, Pedro Carneiro de Mendonça, will lead the Brazilian delegation.
The Forum for Economic and Trade Cooperation between China and Portuguese-speaking Countries was created in October 2003 in Macau. It is sponsored by the Ministry of Commerce of China with the joint participation of seven Portuguese-speaking countries: Angola, Brazil, Cape Verde, Guinea Bissau, Mozambique, Portugal and East Timor.