[PIO] The President of the Republic attended an event at the residence of the British High Commissioner for ICAEW

The importance of the Chartered Accountants sector to the Cypriot economy was tonight praised by the President of the Republic Mr Nicos Christodoulides, who attended an event held at the residence of the British High Commissioner in Nicosia, in honour of the Institute of Chartered Accountants of England and Wales (ICAEW).

Addressing the event, the President of the Republic said, among other things, that his vision for Cyprus is for it to become a model state with favourable conditions for attracting investment and promoting entrepreneurship.

He added that in order to make this vision a reality, the Government has developed a Governance Programme that includes specific actions.

He also said that the long-term strategy "Vision 2035" is the main axis of the Government's policies, through which the productive base of the Cypriot economy will be broadened, noting that important reforms will continue.

Referring to the Green Transition Strategy, the President of the Republic said that investments in the renewable energy sector, energy sufficiency and others will continue.

He also praised the high level of human resources in Cyprus, noting that the Government's priorities include their continuous training and education.

President Christodoulides welcomed the ICAEW's 30-year presence in Cyprus, noting that there are 130 approved employers in the sector in the country, with 3000 chartered accountants and 700 trainees, making the profession one of the vital pillars supporting the Cypriot economy.

He also stressed that the credibility and integrity of institutions in Cyprus are of great importance and must be protected, adding that the government is determined to strengthen these institutions for the benefit of society.

Referring to the sanctions imposed on natural and legal persons in Cyprus by the US and Britain, President Christodoulides said that the protection of the name of Cyprus is a top priority of the Government, which from the very first moment is taking all necessary actions, in cooperation with the national authorities, but also with the authorities of the US and Britain, in order to fully restore the credibility of Cyprus.

(PM/AF)
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