The Cabinet of Ministers has approved a bill to terminate the agreement with Iran on the avoidance of double taxation.
This was reported by the press service of the Ministry of Finance.
The agreement has been in force since 1996.
"The purpose of the draft law is to implement the domestic procedures necessary to terminate the Agreement, taking into account the need for an urgent and effective response to the existing threats to Ukraine's national interests and security in connection with Iran's arms supplies to the Russian Federation.
Such actions of Iran make Iran responsible for the consequences of Russia's armed aggression against Ukraine and destroy bilateral relations," the Ministry of Finance explained.
The consequences of the termination of the agreement are:
Author - Serhii Kolomiets, 05/08/2023