Cyprus and Greece seek new investment and business opportunities
Invest Cyprus and Greek officials discussed stronger investment cooperation and joint initiatives under a renewed bilateral framework.
Nicosia, Cyprus. Invest Cyprus and Greece are seeking to convert their close economic ties into new investment and business opportunities following talks between the agency’s leadership and Greek Deputy Foreign Minister Harry Theoharis.
Invest Cyprus chairman Evgenios Evgeniou and chief executive Marios Tannousis met Theoharis to discuss strengthening investment and business cooperation between Cyprus and Greece.
Investment cooperation
The meeting was attended by Greece’s ambassador to Cyprus, Konstantinos Kollias, and the head of economic and commercial affairs, Eva Vokou.
The discussions focused on creating new investment opportunities, bringing the two countries’ business ecosystems closer together and examining joint initiatives in strategically important sectors.
Renewed memorandum
The talks follow the renewed Memorandum of Understanding between Invest Cyprus and Enterprise Greece, signed in Athens on April 21 by Tannousis and Enterprise Greece chairman Dimitris Skalkos.
Under the agreement, the two organisations will exchange information and expertise, strengthen links between companies and institutional bodies, and support joint efforts to promote Cyprus and Greece as business and investment destinations.
The framework covers energy, shipping, tourism, technology, innovation, education, research and healthcare. It also provides for business and investment missions, joint events and increased networking between companies in the two countries.
Economic diplomacy
The meeting comes as Nicosia and Athens increase their wider economic diplomacy efforts.
Earlier this week, Theoharis met Foreign Minister Constantinos Kombos to discuss economic diplomacy and investment cooperation, including opportunities for businesses from the two countries in third markets.
Separate discussions with the Cyprus-Greece business association considered joint initiatives targeting Arab and Balkan markets, as well as closer cooperation in tourism, investment and business expansion.
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