Agreement between the Government of the Republic of Cyprus and the Government of Ukraine on economic, scientific, technical and industrial cooperation


The Government of the Republic of Cyprus and the Government of Ukraine, , concluded the agreement on the 4th of July 2011.

The scope of the Agreement is to promote and strengthen economic, scientific, technical and industrial cooperation of these two countries on a mutual benefit basis. According to article 3 of the Agreement cooperation within the scope of the present Agreement shall include:

a)Promotion the establishment of industrial complexes, expansion and modernization of industrial enterprises;

b)The financing of development programmes and projects, on the basis of long - term arrangements;

c)The exchange of scientific and technological information for the development of long-term arrangement programmes and projects;

d)The exchange of technical experts and scientific research equipment;

e)The promotion in the development of infrastructure projects;

f)Promotion of tourism;

g)Other forms of economic, scientific and technical cooperation, in conformity with the needs of two countries, subject to agreements concluded between two Contracting Parties.

The two Contracting Parties shall encourage the participation of their organizations and enterprises in the implementation and execution of the development programmes and projects of the other country.

The Contracting Parties shall encourage cooperation and conclusion of agreements and contracts between Cypriot and Ukrainian natural and legal persons and shall provide the necessary facilities. The Contracting Parties may determine, on the basis of mutual agreement, other fields of cooperation.

 

 For the Agreement between Cyprus and Ukraine in Greek, Ukrainian and English,  click here