We have given the citizens and the economy of the country two very important specialized courts, which will play an important role in the long-term economic development of the country, enhancing the competitiveness of Cyprus as a centre for the provision of high-quality services, the Minister of Justice noted.
She adds that these two Courts will effectively assist in the immediate resolution of important commercial and all maritime disputes, while absorbing a significant number of cases from the District Courts, thus helping to reduce the time taken to administer justice.
At the same time, it notes that in combination with the possibility of using English language, which has already been passed by the Plenary of the Parliament through an amendment to the Constitution, they will enhance the attraction of foreign investment and contribute to the emergence of Cyprus as an international centre for commercial and maritime court settlements.
Source: CNA
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