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12° Nicosia,
27 September, 2024
 
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U.S. business leaders eye investment opportunities in Cyprus

Executives express interest in key sectors during a working lunch with President Christodoulides in New York, citing improved bilateral relations

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U.S. businessmen and executives expressed keen interest in pursuing business opportunities in Cyprus during a Wednesday working lunch with President Nikos Christodoulides in New York.

According to a statement from the Presidency, the meeting aimed to attract quality investments to Cyprus. Government Spokesman Constantinos Letymbiotis noted that U.S. business leaders acknowledged the significant improvement in Cyprus' international image, particularly in the U.S., due to strong bilateral relations and recent agreements between the two nations.

The American business community showed interest in energy, shipping, tourism, finance, services, and infrastructure sectors. Both parties agreed to maintain close contact for further collaboration.

President Christodoulides highlighted his government’s reform agenda, particularly the digitization of key services, which he said would streamline processes and facilitate investments in Cyprus.

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