NICOSIA (Cyprus), Nov. 8 - Ukraine and Cyprus have reviewed the terms of an agreement on the avoidance of double taxation and the prevention of income tax evasion, which Kiev inherited from the Soviet Union.

A convention between the governments of Ukraine and Cyprus on the avoidance of double taxation and the prevention of income tax evasion was signed in Nicosia on Thursday with the participation of Ukrainian President Viktor Yanukovych and Cyprus President Demetris Christofias.