Cyprus is interested in expanding trade and economic ties with Kazakhstan

The Cyprus-Kazakhstan Business Association has held “Double tax treaty between Cyprus and Kazakhstan. Opportunities thereof” online round table discussion. The webinar was attended by representatives of ministries, as well as legal and audit transnational companies.

The Minister of  Foreign Affairs of  Cyprus Nikos  Christodoulidis has been invited as a special guest speaker. He noted that Cyprus and Kazakhstan are linked by strong ties of friendship and cooperation based on mutual respect and trust between the countries.

According to H.E. Christodulidis, the Convention on the avoidance of double taxation, signed following his visit to Kazakhstan in May 2019 and ratified by the parties this year, will contribute to the expansion of trade, economic and investment cooperation between the two countries.

As a result of the webinar, the Embassy of Kazakhstan in the Republic of Cyprus with residence in Israel and Business Association agreed to organize a videoconference  with  the Kazakh Invest national company in order to discuss the prospects for partnership between business circles and the implementation of investment projects.