2012/12/15

Russia and Cyprus sign customs agreement - Cyprus Mail

Cyprus is working hard to improve its image with regards to anti-money laundering. One recent move was to sign a memorandum of understanding (MoU) with Russia in order to tackle Customs offences. The countries have worked out a mechanism dealing with offences and violations of Customs regulations of the two countries. Provisions of the mechanism will address prevention, detection, investigation and prosecution of Customs offences, an exchange of information and to ensure an accurate assessment and calculation of taxes, duties and other customs charges on export and import of goods.

Read more at Cyprus Mail: Russia and Cyprus sign customs agreement - Cyprus Mail

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