It must be tough being this isolated.
Cyprus is the newest country, on a long list, to recently strike multiple trade and military deals with the Russian Federation during Cypriot President Nicos Anastasiades’ three day trip to Moscow.
While the bankrupt west runs amok with its regime change/IMF blood sucking strategy, the Eurasian silk road future keeps trucking along…even picking up some EU member states as passengers along the way.
Cyprus Mail reports…
Russian navy vessels will dock in Cypriot ports as part of an agreement signed between the two countries on Wednesday, Russia’s President Vladimir Putin said.
Speaking through an interpreter during a joint news conference with Cypriot President Nicos Anastasiades, at his country house in Moscow, Putin said one of the agreements allowed Russian vessels to dock in Cypriot ports.
This concerned vessels taking part in international efforts to combat terrorism and piracy, the Russian President said.
The two countries signed eight bilateral agreements, along with a Memorandum of Understanding between the Cyprus Securities and Exchange Commission and the Central Bank of Russia.
An MoU was also signed between the Cyprus Investment Promotion Authority (CIPA) and Invest in Russia
Russia also agreed to push back the pay-back date on a 2.5 billion euro loan it made to Cyprus two years ago. It has also reduced the interest of that loan as well.
That money was due to be paid back in five years, but now the maturity date has been extended to seven years. The interest rate has been cut from 4.5 percent to 2.5 percent.
That move was expected, but it is useful as it takes some pressure off Nicosia which also was forced to ask for a 10 billion euro bailout loan from the European Union and the International monetary fund.
So while the EU steals money from Cypriot deposit accounts, places the country in debt slavery, and forces the national airline carrier to shut down, Russia offers debt reduction and loan extensions.
Meanwhile Cyprus continues to follow the EU sanctions line forced upon it by the Empire of Chaos.
For his part, the President of Cyprus Nicos Anastasiades said that ever more European politicians have been able to see the negative effects of sanctions against Russia.
“I believe that our European counterparts have a growing feeling the measures against such a great country as Russia will merely entail Russia’s retaliation, and these countermeasures have negative results not only for Cyprus, but for a number of other EU countries, too,” Anastasiades told a news conference following talks with Russian President Vladimir Putin.
Anastasiades said Nicosia and Moscow support independence and territorial integrity of Ukraine. He recalled that the Ukrainian crisis was the root cause of sanctions against Russia.
He acknowledged that although it is obliged to abide by the EU decisions, Cyprus has many reasons for being moderate and at the same time frank and positive regarding the proposals that might leave room for campaigning against applying the sanctions.
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of The Duran.