- The capital city of Cyprus, Nicosia, is currently a key point of contention, with talks underway regarding potential connectivity points on the island.
- A government forum held in Nicosia aims to establish connections between the island of Cyprus and broader European and regional markets.
Cyprus and China discuss expanding trade and investment cooperation
What happened
Finance Minister Makis Keravnos and China’s ambassador Yang Yundong met in Nicosia to discuss expanding economic cooperation between Cyprus and China. The talks focused on updating a double taxation agreement and deepening ties in trade, investment, shipping, and green finance.
From cyprus-mail.com
Why it matters
The discussions aim to strengthen commercial and investment cooperation, specifically examining opportunities to increase Cypriot exports to the Chinese market. The talks also covered updating the double taxation agreement between the two nations.
A government forum in Nicosia is working to establish connections between Cyprus and broader European and regional markets.
From cyprus-mail.com
Who's involved
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- KeveSpeculative
Might see increased trade facilitation for the Chamber of Comme.
- Cyprus Securities and Exchange CommissionSpeculative
Could see capital market activity boost due to the DTA update and increased investment volume.
- Hellenic BankSpeculative
May facilitate cross-border credit or funding due to increased foreign investment and trade.
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The entities involved
Related events
- Nations in Cyprus and Ireland share a strong bond and growing ties.
- Cyprus is noted for its strategic location and how strategic partnerships underpin its bilateral relations.
- The United Nations has set a roadmap aimed at resolving the long-standing Cyprus problem.
- Cyprus and the Philippines are exploring a Free Trade Agreement to boost bilateral trade and economic engagement.
- Diplomatic efforts are underway regarding the Cyprus issue, including talks and a visit by a UN envoy to seek a resolution.