The Kingdom of Saudi Arabia and the Republic of Belarus signed here yesterday an agreement on the mutual protection and encouragement of investments as well as an agreement on the avoidance of double taxation and the prevention of tax evasion. The two agreements were signed by the Saudi Finance Minister Dr. Ibrahim bin Abdulaziz Al-Assaf; and the Belarusian Foreign Minister Sergey Martynov and the Minister of Taxes and Duties Anna Deyko.