Nicosia:The China-Cyprus Subnational Exchange and Cooperation Forum and Business Forum, held at the Cyprus Chamber of Commerce and Industry (CCCI) in Nicosia, focused on enhancing economic and commercial ties between Cyprus and China. The event emphasized the development of business partnerships, investment attraction, and fostering bridges between local and regional authorities.
According to Cyprus News Agency, the forum was organized in cooperation with the Embassy of the People's Republic of China in Cyprus and the Cyprus-China Business Association. It gathered representatives from the business communities, local authorities, and institutions of both countries to explore new opportunities for trade, investment, and broader economic cooperation.
The Secretary General of the CCCI, Mr. Philokypros Roussounides, in his opening address, highlighted the longstanding relations between Cyprus and China built on mutual respect and trust. He pointed out the strategic partnership as a favorable framework for expanding economic cooperation, urging the translation of this partnership into tangible benefits for businesses and both economies.
Mr. Roussounides also noted China's significant growth opportunities for Cypriot businesses, citing Cyprus' advantages as a European Union member state. He emphasized the importance of cooperation between local and regional authorities and cited the agreement between Top Kinisis and Zhejiang Overseas (Ningbo) International Travel Service Co., Ltd. as a concrete example of emerging opportunities, particularly in tourism.
The forum featured addresses by several key figures, including H.E. Mr. Yang Yundong, Ambassador of the People's Republic of China to Cyprus, and Mr. Theo Parperis, President of the Cyprus-China Business Association. The discussions focused on strengthening practical cooperation, leveraging Cyprus' strategic position, and exploring opportunities in various sectors such as renewable energy, digital innovation, and tourism.
The event concluded with business-to-business (B2B) matchmaking meetings, allowing Cypriot and Chinese companies to establish direct contacts and explore new trade and investment prospects. The CCCI reaffirmed its commitment to supporting the international outreach of Cypriot businesses and strengthening economic relations between Cyprus and China.