Nicosia:Minister of Finance, Makis Keravnos, and British High Commissioner to Cyprus, Michael Tatham, met at the Ministry of Finance to review bilateral economic relations and cooperation. The meeting focused on enhancing collaboration in financial services, digital transformation, and aerospace.
According to Cyprus News Agency, the officials also discussed investment promotion policies and screening mechanisms, aiming to balance economic growth with the protection of strategic interests. Both parties highlighted the ongoing cooperation between their countries on sanctions, specifically between the National Sanctions Implementation Unit and the UK's Office of Financial Sanctions Implementation.
The British High Commissioner praised the longstanding cooperation as exemplary and expressed satisfaction with the progress made. Additionally, the discussions covered the challenges posed by geopolitical developments and the war in Ukraine, particularly emphasizing the energy crisis.