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13 July, 2024
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Qatar's investment gurus plan Cyprus expedition

Cyprus on the radar for major investments

Source: CNA

A team from Qatar's various investment funds will visit to Cyprus to explore the country's investment prospects in the infrastructure, energy and tourism sectors, the President of the Republic Nikos Christodoulides said today, in statements after a meeting he held with the Emir of Qatar, Tamim bin Hamad Al Thani.

Christodoulides noted that also a team of experts from Cyprus will travel to Qatar in relation to the Republic of Cyprus' proposal to establish a maritime corridor for the provision of humanitarian aid to Gaza.

According to a Presidency statement, the President of the Republic said that Qatar was the first Gulf country that he was visiting both on bilateral issues, but also on the developments in the region and the crucial role played by Qatar.

As regards the bilateral relations and the agreement between the two sides on the need to further strengthen them, especially in the economic sector, President Christodoulides welcomed the fact that within the framework of the meeting, the Emir of Qatar decided to send a team from the various investment funds of the country to Cyprus in the coming weeks, to explore the prospects for investments of his country in the infrastructure, energy, and tourism sectors.

He added that an important Memorandum of Understanding was signed today in the field of education which paves the way for Cyprus' universities to be included in the lists of universities for which Qatar gives scholarships to its nationals to study abroad.

He further said that a lengthy discussion on developments in the region and in particular the role that the Republic of Cyprus can play through its initiative to establish a humanitarian maritime corridor, also took place.

"The Emir of Qatar was very well aware of the proposal of the Republic of Cyprus, as he told me, he discussed it with the French President, he fully supports it, and we agreed that in the coming days a technical team from Cyprus, our team of experts who are working on the details of our proposal, will be here, precisely to proceed with the implementation of all that is outlined in the proposal of the Republic of Cyprus," he said.

In conclusion, the President of the Republic said that during the discussions he had also the opportunity to exchange views with the Emir of Qatar on the Cyprus issue.

"Everyone is aware of the special relations between Qatar and Turkey and any assistance that can be given by the country towards the resumption of talks on the basis of the agreed framework is something we will welcome," he concluded.

Cyprus  |  Qatar  |  president  |  government  |  politics  |  diplomacy

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