Putin praises signing of agreement between Cyprus and Russia

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Underlining the traditionally very good relations between Cyprus and Russia, Prime Minister of the Russian Federation, Vladimir Putin, addressing House President Marios Garoyian and the parliamentary delegation, which is visiting Russia said that the agreement to avoid double taxation will make the economic relations of the two countries more transparent.

Referring to the cooperation agreement that will be signed on Tuesday between the Democratic Party and United Russia Party, he said that it will constitute a supplement of the agreement.

Garoyian repeated Cyprus’ gratitude to Russia for the support it has granted when other countries had abandoned it.

Addressing Garoyian, Putin said that the signing of the agreement between the President of the Democratic Party Garoyian and the United Russia Party, Boris Gryzlov is an important supplement in the cooperation on a state and parliamentary level between the two countries.

Referring to the good historically relations between Russia and Cyprus, he said they are developing very well, adding that his government has ratified the agreement for the avoidance of double taxation, adding that this agreement will make the cooperation between the two countries more transparent on the economic level.

“Our cooperation is developing well, however cooperation with other partners, just as with Cyprus, is exhibiting a slight decrease due to the world recession”, said Putin, adding that the commercial exchange between the two countries is on a good level.

Replying, Garoyian said that his meeting with the Russian Prime Minister is a privilege. He repeated the gratitude of the people of Cyprus towards the government of the Russian federation, the Russian people and the State Duma for the policy of principles and values that the Russian federation has adopted and continues to adopt on Cyprus.

He said that during the hard times of the modern history of the Republic of Cyprus, the Russian Federation, the government, the Duma and the Russian people supported the people of Cyprus at a time when others abandoned Cyprus.

Garoyian expressed the hope that the small Republic of Cyprus, will be able to contribute in its own way, in promoting the vital interests of the Russian federation and at the same time, “continue to be the best friend of Russia within the EU”.

The Cypriot parliamentary delegation consists of MPs Nikos Katsourides, Parliamentary Spokesman of AKEL, Averof Neofytou, Vice President of DISY, Andreas Angelides, Parliamentary Spokesman of the Democratic Party, Yiannakis Omirou, President of EDEK and Dimitris Syllouris, President of the European Party.

Garoyian and the delegation return to Cyprus on Thursday, October 29.