Amir’s visit to Cyprus an opportunity to beef up economic relations: CCCI President

Nicosia, Cyprus: H H the Amir Sheikh Tamim bin Hamad Al Thani s visit to the Republic of Cyprus streamlines both countries endeavors to beef up econo...

Nicosia, Cyprus: H H the Amir Sheikh Tamim bin Hamad Al Thani’s visit to the Republic of Cyprus streamlines both countries’ endeavors to beef up economic relations and explore further investment and trade cooperation, said President of the Cyprus Chamber of Commerce and Industry (CCCI), Stavros Stavrou (pictured).

 In remarks to Qatar News Agency (QNA), Stavrou said: “HH the Amirs visit to Cyprus will foster even stronger diplomatic ties, which are foundational for enhancing economic cooperation through a conducive environment for trade agreements and economic partnerships.

“His visit gives the opportunity to Cypriots to hear and understand what Qataris expect from this relationship. Understanding of this factor is critical in building confidence between the two sides. The Amirs presence is confirming the confidence level that Cyprus will safeguard Qatari investments and ensure satisfactory returns must be underscored”.

Commenting on the Qatar-Cyprus trade cooperation, Stavrou said it had been growing over the past three years.

Yet, he elaborated the growth was “still relatively modest”, highlighting both nations’ endeavors to “enhance economic ties and explore new opportunities for investment and collaboration” and their “various discussions and initiatives to strengthen their economic relations”.