Cyprus to send about 25 maritime firms to India as it deepens business ties with Asia

Busan, South Korea. Cyprus plans to bring roughly 25 maritime companies to India next month, aiming to convert its expanding links with the Asian shipping sector into contracts, investment and business partnerships. The plan was discussed in Busan by Shipping Deputy Minister Marina Hadjimanolis and India’s Minister of Ports, Shipping and Waterways, Sarbananda Sonowal.

Talks on the Cyprus–India Maritime Business Forum

The meeting was one of several held to bring the maritime industries of the two countries closer. The discussion focused on the Cyprus–India Maritime Business Forum, scheduled for November 23, 2026 in Mumbai, during Hadjimanolis’ visit to India. Sonowal confirmed that India was prepared to receive the Cypriot delegation and back the forum. Both sides want companies to make full use of the opportunity.

China–Cyprus forum in Nicosia

The Cyprus Chamber of Commerce and Industry (Keve) issued a statement on Thursday reviewing a business forum held in Nicosia earlier in the week. At the event, Cyprus and China looked at ways to increase bilateral trade, draw investment and build business partnerships.

The China-Cyprus Subnational Exchange and Cooperation Forum and Business Forum took place on Tuesday. Keve organised it together with the Chinese embassy and the Cyprus-China Business Association. Business representatives, local authority officials and institutional representatives from both countries attended to discuss tighter economic cooperation and commercial opportunities.

Keve secretary general Philokypros Roussounides said in his opening address that the long-standing friendship between the two countries, built on mutual respect and trust, offered a solid foundation for broader economic ties.

Winter-sun praise, but higher prices in Paphos

The travel publication Lonely Planet has named Cyprus among Europe’s ten best winter-sun escapes. Separate research by Britain’s Post Office Travel Money, however, ranks Paphos 14th out of 24 destinations worldwide for value, making it considerably more expensive than several competing Mediterranean destinations.

Despite the weaker showing on price, Cyprus has gathered a number of notable international endorsements, ranging from American travel writers to European tourism rankings.