Nicosia, Cyprus. The Cyprus Chamber of Commerce and Industry (Keve) and the Cyprus Information Technology Enterprises Association (CITEA) signed a strategic partnership agreement to strengthen the digital development of Cypriot businesses. The memorandum of understanding (MoU) was signed at the chamber’s offices in Nicosia.
Memorandum signed by Keve and CITEA leaders
The MoU was signed on behalf of Keve by secretary general Philokypros Roussounides and on behalf of CITEA by president George Malekkos.
Focus on digital transformation and business support
The agreement is designed to promote the digital transformation of the economy, support businesses, particularly small and medium-sized enterprises, and enhance innovation, extroversion and competitiveness.
Joint initiatives and policy work
Under the cooperation framework, the two organisations will pursue joint initiatives focused on exchanging expertise in digital policy and technologies. They will also co-organise information and awareness activities and support businesses in their digital transition.
European programmes and international collaboration
The partnership aims to strengthen participation in European programmes and promote networking and international collaboration. It also includes joint efforts on public policy issues and the preparation of studies related to the digital economy.
Expected impact
The partnership is expected to reinforce links between Cyprus’s business and technology ecosystems and contribute to more active participation in European and international initiatives.
How do you think this partnership could affect the pace of digital adoption among small and medium-sized enterprises in Cyprus?