The President of Cyprus supports Russian business

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The President of Cyprus assured Russian businesses that they could count on support in the face of adversity by the Cypriot Government. In addition, the President is ready to start taking real actions: in particular, to the signing by the parties of an agreement on avoidance of double taxation with respect to taxes on income and capital, prior to the introduction of similar provisions in the current tax legislation. These innovations are at the highest level needed to strengthen relations between the two countries. Anastasiades also expressed his gratitude for the trust of the Russian people of Cyprus, especially over the last four years, during the recovery period of the island since 2013.