So far, India has concluded similar bilateral agreements with Argentina, the Bahamas, Bahrain, Belize, Bermuda, the British Virgin Islands, the Cayman Islands, Gibraltar, Guernsey, isle of Man, Jersey, Liberia, Macau, Monaco, San Marino and Liechtenstein last October. A TIEA is an agreement for the exchange of information between two countries on bank, financial and ownership shares for tax purposes. The Ministry of Finance (MoF) on Tuesday communicated the agreement between the Government of India and the Government of Brunei Darussalam on the exchange of information and assistance in the collection of taxes. Telemetry, Tracking and Control Station (TTC): A bilateral agreement was signed in August 1997 for the establishment of isro`s TTC station in Brunei, established in 2000 and actively operating since then. From time to time, ISRO scientists visit Brunei to follow the path of satellites launched by ISRO. Over the years, more than 20 launches have been successfully tracked and data has been monitored from the TTC station. Since then, the MoU was extended by 5 years in July 2018. According to an official statement, the agreement also provides for mutual assistance for the recovery of tax debts between the two countries. India and Brunei on Thursday signed a tax information exchange agreement, which will help curb tax evasion and avoidance. Mission website – www.hcindiabrunei.gov.in/ Facebook page – @IndiainBrunei Twitter Handle – @hicomindBrunei India and Brunei on Thursday signed an agreement on exchanging banking information and assisting with tax collection. The agreement was signed by the Chairman of the Central Council of Direct Taxes (CBDT), Pramod Chandra Mody, and the High Commissioner of Brunei Darussalam in India, Dato Paduka Haji Sidek Ali.
Defense: In recent years, relations and cooperation between the two countries in the field of defense have been strengthened These include regular defense exchanges at the official level, visits to coast guard ships, joint training and exercises, as well as participation in each other`s defense exhibitions/exhibitions, etc. MOUs/Agreement: The two countries have signed different CEECs and agreements. These include air services agreements; (ii) cultural, artistic and sports cooperation; (iii) defence cooperation; (iv) cooperation in the field of telemetry, the TTC (telemetry, tacking and command) station of satellites and launchers and cooperation in the field of space research, science and application; (v) on the establishment of meetings of the Joint Trade Committee and (vi) on the exchange of information and assistance in the collection of taxes.