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Cyprus News Agency: News in English, 13-01-17

Cyprus News Agency: News in English Directory - Previous Article - Next Article

From: The Cyprus News Agency at <http://www.cyna.org.cy>


CONTENTS

  • [01] Cyprus removed from Russian `black list`

  • [01] Cyprus removed from Russian `black list`

    The Russian Ministry of Finance has removed Cyprus from its `black list`, according to a Cyprus Ministry of Finance press release.

    This move comes as a result of a Protocol signed on October 7, 2010 amending the agreement on the avoidance of double taxation of 1998 between the two countries. A Russian Ministry of Finance decree to that effect has come into force on January 1st this year.

    Cyprus' removal from the list reinforces the competiveness of its economy, in relation to investment from Russia but also in general. The decision enhances the Republic`s reputation as a reputable international business centre, the press release says.


    Cyprus News Agency: News in English Directory - Previous Article - Next Article
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