New Delhi, Oct. 28 -- India and Liechtenstein have agreed to consider a proposed Double Taxation Avoidance Agreement (DTAA) to provide greater certainty for investors and businesses, facilitate economic exchanges and strengthen cooperation in tax matters, as the two countries seek to deepen bilateral trade and investment ties.

In a joint statement issued during the state visit of Hereditary Prince Alois of Liechtenstein to India, the two sides acknowledged the receipt of a draft DTAA from Liechtenstein and expressed readiness to consider the agreement.

"Both sides have expressed their readiness to consider the option of a DTAA, recognising the need to achieve greater legal certainty and predictability for investors and businesses, facil...