“Relations between Cyprus and the Russian Federation are based on long-standing traditions and continue to develop successfully. The legal base for cooperation between our countries is being strengthened. Quite recently, on October 8, the Government of the Russian Federation approved a protocol for an intergovernmental agreement that would protect capital investment. I think that the ratification of this agreement by both countries will make our economic cooperation even more transparent.”
Vladimir Putin At a meeting with Marios Garoyian, President of the House of Representatives of the Republic of Cyprus