Day: December 17, 2021

An Agreement on the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income signed on Friday between Cyprus and Jordan, will contribute to further develop economic relations and enhance co-operation in tax matters between the two countries, the Finance Ministry has said in a press release.

The Treaty, the press release says, was signed by the Minister of Finance Constantinos Petrides on behalf of the Republic of Cyprus and by the Jordanian Deputy Prime Minister and Minister of Foreign Affairs and Expatriates, Ayman Al Safadi on behalf of the Hashemite Kingdom of Jordan.

“The Agreement reached between the two countries will contribute to further develop our economic relations and enhance co-operation in tax matters between the Republic of Cyprus and the Hashemite Kingdom of Jordan,” the Ministry notes in the press re

SOURCE: CYPRUS NEWS AGENCY

Cyprus continued to make progress on strengthening the banking sector’s counterterrorism financing efforts, according to the State Department’s 2020 Country Report on Terrorism. Outlining major developments in the past year, the report notes, among others, that the Green Line provides a significant route for the illicit transit of people and narcotics. The termination of Cyprus’ citizenship-by-investment program will help prevent terrorists, and their sponsors and financiers, from buying an EU passport and the enhanced access to EU financial systems that comes with it, the State Department adds.

SOURCE: CYPRUS NEWS AGENCY

King Abdullah of Jordan arrives in Cyprus Friday afternoon for an official visit.

In Nicosia, King Abdullah will hold talks with Cypriot President Nicos Anastasiades on the latest regional and international developments, and ways to enhance cooperation between the two countries in various fields.

The visit will also be marked by the signing of two agreements and a memorandum of understanding between the governments of Jordan and Cyprus.

SOURCE: CYPRUS NEWS AGENCY

Greek Foreign Minister Nikos Dendias said Athens does not accept Turkey’s fait accompli and does not succumb to threats from the neighbouring country, while addressing a debate on the state budget in the Hellenic Parliament.

Referring to Greek-Turkish relations, the Cyprus problem, and the 2019 Turkish-Libyan memorandum over maritime zones, Dendias said that the tactic of “first breaking the law and then negotiating illegality for a legal exchange has come to an end”. “And this applies to Cyprus and to the Cyprus problem, where Turkey must return to the framework of a UN solution,” he stressed.

SOURCE: CYPRUS NEWS AGENCY

The epidemiological situation regarding the spread of COVID-19 has improved significantly in Romania, while worsening in the rest of the European Union and European Economic Area, according to the latest epidemiological map on the spread of COVID-19 by the European Centre for Disease Prevention and Control (ECDC).

Romania stands out on the map as the situation there has improved for a second week, with most districts in the country passing from the red to the orange category.

North-eastern and south-western Romania, which were in the orange category last week, are now considered safe zones and are in the green category.

SOURCE: CYPRUS NEWS AGENCY

?ilateral relations, regional developments, Climate Change, efforts to combat covid-19 and the Cyprus issue were on the agenda of a meeting President Nicos Anastasiades had on Friday with the King of Jordan Abdullah II, who is paying an official visit to Cyprus.

Upon his arrival at the Presidential Palace, a military honorary guard presented honours and the national anthems of Cyprus and Jordan were performed.

Then the King of Jordan laid a wreath at the Monument of Archbishop Makarios III.

SOURCE: CYPRUS NEWS AGENCY