U.S. Business Executives Show Interest in Cyprus Investments

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During a working lunch in New York on Wednesday, U.S. business leaders expressed strong interest in exploring investment opportunities in Cyprus, meeting with President Nikos Christodoulides to discuss potential collaborations.

The Presidency released a statement indicating that the purpose of the meeting was to draw quality investments to the island. Government Spokesman Constantinos Letymbiotis emphasized that American executives recognized the significant improvement in Cyprus’ global standing, especially in the United States, thanks to robust bilateral ties and recent agreements between the two nations.

Key sectors attracting attention from U.S. businesses included energy, shipping, tourism, finance, services, and infrastructure. The participants agreed to maintain close contact to foster ongoing collaboration in these areas.

President Christodoulides also took the opportunity to outline his government’s reform plans, with a particular focus on the digitization of key services. He explained that these reforms would simplify procedures and make it easier for investors to engage in business in Cyprus.

Source: Knews

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