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. Last Updated: 07/27/2016

Cyprus Accord Signed

MOSCOW -- Top law enforcement officials in Russia and Cyprus on Tuesday signed a cooperation agreement to fight cross-border crime.

Russian Interior Minister Vladimir Rushailo said his discussions with Nikos Koshis, Cyprus' minister of justice, covered ways to combat "organized crime and economic crimes [and] the problem of money laundering."

Russian organized crime groups have been operating in Cyprus in recent years, and some Russian businessmen and criminals have allegedly used Cypriot banks to hide their assets.