China and Rwanda signed the Agreement on the Elimination of Double Taxation with Respect to Taxes on Income and the Prevention of Tax Evasion and its affiliated protocol on December 7, 2021 in Kigali, Rwanda's capital. The goal of this agreement is to make it easier for investors to invest in the two nations by lowering the barriers to entry, while also strengthening commercial ties. According to Rao Hongwei, Chinese Ambassador to Rwanda, tax cooperation is critical for the healthy and steady growth of bilateral economic and commercial relations.