This picture taken on May 24, 2020 shows an aerial view of Cyprus’ southern port city of Limassol. Limassol, the economic capital of Cyprus, is growing due to the influx of Russians, Ukrainian and Belarusians attracted by the island’s low tax regime and an easy access to the European Union. (Photo by Roy ISSA and ROY ISSA / AFP)

The Republic of Cyprus has been one of the largest foreign investors in Ukraine over the past years, bringing over $10 billion to the country between 2011 and 2019, according to the State Statistic Service of Ukraine.

Cyprus accounted for almost a third of foreign direct investment to Ukraine in 2019.

Source: www.kyivpost.com

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