KIEV, July 4 – Cyprian President Demetris Christofias says that his country is ready to sign a new double taxation prevention agreement with Ukraine.

"We are ready to sign a double taxation prevention agreement," he said at a joint press conference with Ukrainian President Viktor Yanukovych in Kiev on Monday.

Yanukovych, in turn, said that during his talks with Christofias, the sides had discussed the need to expand the bilateral contractual framework.