Exemption of international air transport income bars taxation by the other State for designated airlines under the bilateral tax treaty. Income derived by an enterprise of a Contracting State from the operation of aircraft in international air traffic is exempt from tax in the other Contracting State, including income from participation in pools, joint airline businesses or international operating agencies, and interest on funds connected with such operations. The Agreement specifies covered taxes and designates competent authorities, while allowing application of domestic meanings for undefined terms and prescribing a mutual agreement procedure for resolving interpretive or application disputes.