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[PIO] Cyprus-India workshop at the Best Invest Congress

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In the framework of the Best Invest Congress, the special Cyprus-India working meeting was held on Monday, 29 May, at the Parklane Hotel in Limassol.

The Cyprus-India working meeting was welcomed by the Deputy Minister of Shipping, Mrs Marina Hadjimanoli, who thanked the High Commissioner of India to Cyprus, Mrs. Madhumita Hazarika Bhagat for the invitation and noted the excellent opportunity that this meeting offers to the participants to learn about the latest developments in the business and investment sector, with a substantial exchange of views on a number of issues of common interest, as well as to explore the opportunities offered by the two countries.

"Such prestigious events," he said, "are extremely important and are supported by the President of the Republic of Cyprus, Mr. Nicos Christodoulides, as they strengthen Cyprus' position as a modern, efficient and leading business centre."

"Shipping", he continued, "is a business sector we are proud of. It is an invaluable asset for Cyprus with significant political and economic advantages. The Cyprus Register of Shipping is ranked 11th among international fleets and 3rd within the European Union."

The Deputy Minister referred to the friendly and close relations between Cyprus and India, which, as Commonwealth countries, have always enjoyed long-standing cooperation in various fields. She went on to stress that the shipping sector was no exception and the strong ties between Cyprus and India were further strengthened following the signing of the Merchant Shipping Agreements. The first Agreement was signed in 1997 followed by a new modernised Merchant Shipping Agreement in New Delhi in 2017.

In conclusion, Ms. Hadjimanoli thanked and wished every success in the proceedings of the meeting, saying that "as the competent maritime authority of Cyprus, we have an ambitious and clear vision and clear objectives for Cypriot shipping and we are determined to further strengthen Cyprus' position in global shipping. It is important that Cyprus and India continue to work together to achieve our common goals, both domestically and internationally."


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