Cyprus and Australia seek closer business and investment ties

Nicosia, Cyprus. Cyprus and Australia are seeking to strengthen business and investment ties, with talks in Nicosia covering technology, innovation, education and healthcare. Participants also discussed the possibility of a future business mission to Australia.

Business and institutional representatives attend

The meeting took place at the Cyprus Chamber of Commerce and Industry (Keve), where chamber president Stavros Stavrou and secretary general Philokypros Roussounides welcomed Australian High Commissioner to Cyprus Emily Pugin.

Also attending were Marios Siammas, Policy and Public Diplomacy Manager at the Australian High Commission, and Marios Tannousis, CEO of Invest Cyprus.

Representatives of the Cyprus-Australia Business Association and the wider Cypriot-Australian business community included association president Christos Vasiliou, George Georgiou, Michael Koutrouzas and Peter Kitas.

Areas for cooperation

Discussions focused on strengthening economic and business relations, identifying sectors of mutual interest and creating tangible opportunities for cooperation between businesses and institutions in both countries.

Particular emphasis was placed on investment, innovation, education, healthcare and technology, alongside Cyprus’ potential to serve as a gateway for Australian companies seeking access to European and regional markets.

Possible business mission to Australia

Participants discussed increasing the activity of the Cyprus-Australia Business Association and organising a possible future business mission to Australia. The aim would be to facilitate targeted business-to-business contacts and explore new trade and investment opportunities.

Keve said it remained committed to working closely with the Australian High Commission and the Cyprus-Australia Business Association to bring the two business communities closer and translate the strong ties between Cyprus and Australia into practical economic cooperation.