A structured and befitting cooperation with UAE

  • Date: 22-Dec-2022
  • Source: Khaleej Times
  • Sector:Real Estate
  • Country:UAE
  • Who else needs to know?

A structured and befitting cooperation with UAE

Yannis Michaelides, Ambassador of the Republic of Cyprus to the UAE

Yannis Michaelides, Ambassador of the Republic of Cyprus to the UAE highlights how joint collaborations with the UAE have immense benefits for businesses and residents

Published: Thu 22 Dec 2022, 10:52 AM

How would you describe Cyprus’s level of bilateral trade and business links with the UAE and which areas do you see strengthening going forward?

Friendly relations between the Republic of Cyprus and the UAE date back several decades, as highlighted by the official visit to the UAE on May 24, 1975, of the first President of the Republic of Cyprus, the late Archbishop Makarios III and his historic meeting with the founding father of the UAE Sheikh Zayed bin Sultan Al Nahyan. Occupying a strategic position at the gateways of Europe, Asia and Africa, Cyprus has sought to deepen its relations with the GCC countries and is now witnessing a real impetus in the development of its political and economic cooperation with these countries and with the UAE in particular.

The establishment of a Joint Committee for Cooperation and as well as the signing of an Agreement on Economic and Technical Cooperation with the UAE are two important tools which contribute to