“It is difficult to negotiate with the Netherlands, they went so far wrong, but we always have the right to unilaterally denounce this agreement,” Siluanov said.

He believes that this work will be completed this year.

Siluanov also said that Russia has not yet sent proposals to Switzerland and Hong Kong to revise the agreement.

Earlier, Russia and Cyprus signed a protocol to amend the tax agreement between the countries.

It was also reported that Russia will review the terms of the tax agreement with Malta.