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Cyprus and Barbados to Negotiate double taxation agreement (DTA)

Cyprus and Barbados to Negotiate double taxation agreement (DTA)

Barbados and Cyprus have announced that they are to begin negotiating a double taxation agreement (DTA) to strengthen economic relations between the two territories.

The agreement would provide for the strengthening of economic relations between the two territories.

Barbados Prime Minister Freundel Stuart noted that although diplomatic relations between the two countries were established in 1972, economic opportunities have yet to be fully explored. He identified financial services and tourism as common areas in which Barbados and Cyprus could learn from one another.

 

 

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