Cyprus Current Affairs, GK & News

Israel Greece sign Defence Deal

April 19, 2021

Israel and Greece have signed their biggest ever defence procurement deal. The agreement amounted to 1.65 billion USD. It will strengthen economic and political ties between the countries. Also, the countries launched a joint exercise. What is the agreement? Under the agreement, a training centre for the operation of Hellenic Air Force (the Air Force ..

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India signs pact with Bulgaria for establishment of Hindi chair at Sofia University

September 6, 2018

India has recently signed five pacts with Bulgaria in the fields of Civil Nuclear cooperation, Investment, Tourism, Science & Technology (S&T) and establishment of Hindi chair at Sofia University, after delegation level talks between President Ram Nath Kovind and his counterpart Rumen Radev. Both the countries have agreed to substantially upgrade their economic partnership in ..

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India signs agreements with Cyprus on combating money laundering and environment

September 4, 2018

On September 3, India and Cyprus signed two agreements on combating money laundering and cooperation in the field of environment in the presence of President Ram Nath Kovind and his Cypriot counterpart Nicos Anastasiades in Nicosia. Both the countries also agreed for the revision in the Double Taxation Avoidance Agreement (DTAA) made in 2016 to ..

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Talks on reuniting Cyprus fail to strike a deal: UN

November 22, 2016

United Nations has announced that the talks held in Switzerland on reuniting the divided island of Cyprus have failed to strike a deal. Negotiations were carried out by the Greek Cypriot leader Nicos Anastasiades and Turkish Cypriot leader Mustafa Akinci, but both sides had differences over criteria for territorial adjustment. The negotiations were held for ..

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Russia and Cyprus sign military deal on port access in Mediterranean Sea

February 26, 2015

Cyprus has signed an agreement with Russia to give Russian navy ships access to Cypriot ports in the Mediterranean Sea. The agreement in this regard was signed by Russian President Vladimir Putin and his Cyprus counterpart President Nicos Anastasiades in Moscow. Military deal between both nations comes at the time when the tensions between Russia ..

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OECD introduces ‘single global standard’ for automatic exchange of financial info

July 22, 2014

Taking a significant step towards combating the black money menace, the Paris-based Organisation for Economic Co-operation and Development (OECD) unveiled ‘single global standard’ for automatic exchange of financial account information between jurisdictions. To enable automatic exchange of financial account information pertaining to tax issues, the new standard makes it mandatory for the financial institutions, including ..

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