Naar hoofdinhoud
1. Each Party undertakes to grant to the designated airline(s) of the other Party the right of free transfer, at the official rate of exchange, of the excess of receipts over expenditure earned in its territory in connection with the carriage of passengers, baggage, cargo and mail by the said designated airline(s). 2. Each Party shall, on the basis of reciprocity, exempt the revenues, gross receipts, income earned or profits derived in its territory by the designated airline(s) of the other Party from the operation of transportation services as an air carrier from income tax and other taxes, provided that these airlines are resident for income tax purposes in the territory of the latter Party.

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