Shemaine Bushnell Kyriakides
The American Chamber of Commerce in Cyprus brought diplomats and business leaders together Friday to discuss how to make it easier for U.S. companies to invest on the island and for Cypriot firms to find partners abroad.
For a local business, that could mean picking up a new customer in the United States or landing a contract with an American company that sets up shop in Cyprus.
Interior Minister Konstantinos Ioannou and U.S. Ambassador John A. Breslow attended the conference at The Landmark Nicosia, along with India’s high commissioner, representatives from Italy and Cyprus’ Foreign Ministry, and members of the American business community on the island. The program listed executives from Chevron, ExxonMobil, Microsoft and Oracle among the speakers.
The conference, titled “Strategic Corridors & Alliances,” looked at how Cyprus could use its position as an EU member close to the Middle East to draw investment and build trade ties. The agenda included trade in liquefied natural gas, ways to use more renewable power and opportunities for U.S. and European technology companies to work together.
Reaction to the U.S. midterms
Asked by KNEWS on the sidelines of the conference about the U.S. midterm election results, Breslow declined to comment. An American attendee from Florida said he was pleased with the results. Another attendee, from Chicago, said he was concerned Democrats would introduce new taxes.
