Burundi proposes tax haven to Belgian investors
PANA

 The Burundian Head of State, Pierre Nkuruziza, on Mo nday pledged to make the national tax system attractive for Belgian businessmen, saying this would be similar to a "tax haven", PANA reported from here.

Nkuruziza made the disclosure while opening a week of celebrations, dedicated to the promotion and strengthening of economic relations between Belgium and its f ormer colony.

"Now that Burundi becomes politically stable, legal measures have been taken to secure foreign investments and make sure that economic operators will be treated with fairness and equity," he noted.

Besides, commercial policies will be examined on a regular basis to eliminate im pediments to trade activities, the Burundian president said, citing the country' s investment promotion agency.

"We will guarantee safe investment, competitiveness and prompt remittance of fun ds," he pledged.

Moreover, with the common foreign tariff scheme eliminating customs tariffs for imported equipment and raw materials, Burundi becomes attractive to foreign inve stors specially as its is part of the East Africa Community common market as well as of the Economic Community of the Great Lakes countries (CEPGL), Nkuruziza tol d Belgian and local businessmen attending the ceremony.

Belgium has pledged about 200 million euros geared to strengthen the Burundian b udget for the next three years.

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