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Western EuropeFebruary 1 2017

Andorra strives to make itself noticed on an international stage

Andorra is attempting to raise its profile on the international stage by drawing attention to its increasing transparency and attractively low taxes. Stefanie Linhardt reports.
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Andorra, one of the world’s oldest countries, has been geographically isolated for centuries. But with globalisation changing the international status quo, Andorra is continually working on its relationship with the outside world, as 2016’s signing of the Automatic Exchange of Information (AEOI) agreement on tax matters with the EU showed.

With its current borders, Andorra dates back to the 13th century, following treaties signed between the Bishop of Urgell in Spain and the French Count of Foix, who were quarrelling over possession of the territory. Through these treaties, the country’s unique political system was created: a co-principality, with the bishop and the count as the joint heads of state. This peculiarity still exists today, although the count’s rights have over time been handed down to the French king and subsequently the French president.

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