Nicosia, Cyprus. President Nikos Christodoulides on Tuesday outlined a strategy to transform Cyprus into an active investment hub, highlighting targeted international outreach and the need for further reforms.
Investment outreach and business missions
Addressing the annual general meeting of the Cyprus Employers and Industrialists Federation (Oev), Christodoulides said the initiative comes amid “increased geopolitical instability and uncertainty with multiple and multi-layered impacts,” and stressed the importance of proactive economic policy.
He announced an outward-looking programme with upcoming business missions aimed at attracting quality investment. “In three weeks we will visit India with a business delegation, in early June Kazakhstan, while preparations are at a final stage for contacts in the United States, in Florida, Ohio and New York,” he said.
“I call on business leaders to participate in these missions aimed at attracting quality investments,” he added.
Linking foreign and domestic policy
Christodoulides said the actions have a strategic dimension and linked foreign and domestic policy. “We cannot separate foreign policy from domestic policy,” he said.
He added that Cyprus can “with actions and not words” act as a bridge between the European Union and the Middle East, India and the Gulf.
European dimension to challenges
Referring to the recent informal European Council, he said solutions to current challenges are not only national but also European. “The solutions to the challenges we face are not only national but also European,” he said.
Will you take part in the business missions aimed at attracting quality investments to Cyprus?