Double taxation is on the agenda! Minister Bolat announced, an agreement was reached with the African country

Turkish Trade Minister Ömer Bolat announced that Turkey and an African nation have agreed to negotiate and sign a double taxation avoidance treaty aimed at boosting bilateral trade and investment. The agreement was reached during Bolat's diplomatic contacts, though the specific African country and signing date were not disclosed in the initial announcement. The move matters because double taxation treaties are a prerequisite for cross-border investment, removing tax barriers that deter companies from operating in both markets. Watch for the formal signing of the text and ratification timelines, which will signal when the treaty's investment protections take effect.