Nicosia: Cyprus Chamber of Commerce and Industry (CCCI) and Cyprus Fiduciary Association (CYFA) signed a Memorandum of Understanding on Monday, marking the start of a “strategic partnership”.
According to Cyprus News Agency, CCCI stated in a press release that the initiative aims to further develop the administrative services sector and promote Cyprus as a reliable international hub in this area. The MoU was signed by CCCI President Stavros Stavrou and CYFA President Costas Christophorou, along with CCCI Secretary General Philokypros Roussounides and CYFA General Manager Christophoros Ioannou. They emphasized the cooperation’s importance in enhancing Cyprus’ competitiveness and reliability in the global business environment.
The agreement seeks to strengthen ties between the two organizations through joint actions and initiatives, which are expected to enhance the administrative services sector’s growth and international reputation.