On the 14.01.2011 Cyprus and Armenia signed a protocol of cooperation which provides for the enhancement of their bilateral relations in many fields.
The protocol signed in Yerevan after the conclusion of the deliberations of the First Meeting of the Cyprus – Armenia Intergovernmental Committee, which was established on the basis of an economic agreement between the two states.
The protocol of cooperation provides for the further enhancement of their existing ties of friendship as well as the enhancement of their cooperation in the fields of commerce, industry, economy, tourism, investments, transport, agriculture and health.
A new double taxation agreement was also signed. Until the new agreement is ratified by both countries, the double taxation agreement dated 29.11.1982 between Cyprus and the USSR, which was adopted by Armenia on independence, will remain in effect.
The above should be used as a source of general information only. It is not intended to give a definitive statement of the law and is subject to the disclaimer.