- New investment opportunities in technology and innovation
- Regional cooperation for security is crucial, security, sustainable development and prosperity
A very successful business conference organised by the Economist on "Investing for peace, stability and pluralistic development" was held in New York with the participation of Minister of State for Research, Innovation and Digital Policy Mr. Kyriakos Kokkinos. The conference aims to promote the Eastern Mediterranean region as a business and investment hub, as well as a pillar of stability and development in the midst of a critical time and geopolitical instability, with the impact of the pandemic still rocking the global economy and the war in Ukraine shaping new facts and challenges. At the heart of the discussions was the broadening of cooperation between Cyprus, Greece, Israel and the US in a wide range of fields, including energy, innovation, green growth and investment, to address common challenges and ensure a sustainable, safer and more prosperous future for all.
As a speaker in a panel discussion entitled "Innovation and Technology: On an upward trajectory", Kokkinos highlighted the importance of these two interlinked sectors for the recovery of the economy, focusing on the prospect of maximising benefits through regional and international partnerships with countries with a shared vision, such as Greece, Israel and the US. At the same time, he referred extensively to the effort to expand and strengthen Cyprus' development model, with emphasis on digital transformation, innovation and extroversion, underlining the State's commitment to the continuous improvement of the country's business environment, with the aim of establishing it as a centre of entrepreneurship and technology in the region. "By investing in our human capital, simplifying processes and expanding the availability of digital tools and services, building secure and modern digital infrastructure and providing incentives to businesses and professionals, we strengthen the dynamics of our country and its ability to play a leading role in the global change that is taking place," the Deputy Minister stressed. "With dedication and determination, collectivity and cooperation, designing and implementing MAZI solutions with citizens, FOR citizens. Solutions that meet their real needs and priorities."
On the sidelines of the Summit, Mr.Kokkinos gave interviews to international media, such as CoinDesk and Financial Times, analyzing the government's development policy, the main reforms being promoted to enhance the country's international competitiveness, as well as investment opportunities emerging in multiple sectors of the economy, with particular emphasis on the blockchain sector. Among others, from the US side, the US Senator and Chairman of the Senate Foreign Relations Committee Mr. Robert Menendez and the Under Secretary of State for European and Eurasian Affairs Ms. Erica Olson participated and delivered speeches.
(MB/SX)
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