The Cyprus-Greece Business and Investment Forum highlighted the necessity for stronger bilateral cooperation between the two nations, focusing on collaborations, partnerships, and joint ventures to boost their economies and facilitate expansion into neighbouring markets.
Photo: cyprus-mail.com
- “The economic data of both economies are now very good, and this supports the efforts of businesses to pursue partnerships aimed at outward-looking growth,” Skalkos noted.
Bilateral cooperation: Significant Participation from Business Leaders
Taking place in Athens, the forum drew significant participation from the business communities of both Cyprus and Greece, signalling a mutual interest in fostering economic ties. Organisers noted that the event was crucial in emphasising the importance of cooperation in key sectors.
Photo: cyprus-mail.com
Areas of Focus for Collaboration
According to a statement released by the organisers, the forum underscored the need for closer cooperation in several vital sectors, including investment, technology, innovation, and women’s entrepreneurship. These areas were identified as having the potential to significantly drive mutual economic growth.
Government Officials Stress Economic Potential
Cyprus’ Minister of Energy, Commerce and Industry, George Papanastasiou, alongside Greece’s Deputy Minister of Development, Stavros Kalafatis, addressed attendees, emphasising that both nations possess the capacity, infrastructure, and willingness to enhance their cooperation and strengthen their economic prospects.
Key Areas for Future Investment
During their remarks, both officials elaborated on the importance of investments, technology, innovation, and women’s entrepreneurship as key areas ripe for further collaboration. They expressed optimism about the potential for growth through joint efforts.
Positive Economic Climate Fosters Opportunities
Demetris Skalkos, Secretary-General of the Greek Ministry of Foreign Affairs and Chairman of Enterprise Greece, shared insights regarding the current economic conditions in both countries. He stated that these conditions are favourable for companies wishing to expand their international outreach.
“The economic data of both economies are now very good, and this supports the efforts of businesses to pursue partnerships aimed at outward-looking growth,” Skalkos noted.
Emphasising the Importance of Cooperation
In a message delivered on behalf of Cyprus’ First Lady, Philippa Karsera Christodoulides, the Consul of Cyprus in Athens, Christina Constantouri, remarked on the importance of business cooperation. She acknowledged that while challenges exist, the economy is also characterised by new opportunities.
Voices from the Business Community
Joseph Joseph, President of the Cyprus-Greece Business Association and CEO of FMW Financial Media Way, welcomed attendees and highlighted the comparative advantages that enterprises in both countries possess in terms of investment, technology, and innovation.
A Call to Action for Economic Unity
“Today we are faced with a challenge. Whether the two countries will manage to move together in the great journey of the economic future that guarantees progress and development, or remain confined within their own small worlds,” Joseph stated, reinforcing the urgency of collaborative efforts.
Panel Discussions Address Key Themes
The main segment of the forum included three insightful panel discussions that tackled investment opportunities, innovation and technology, and start-up development. These discussions featured participation from various business and academic representatives, further enriching the dialogue around bilateral cooperation.
Supporting Organisations Unite for Growth
The event was organised by the Cyprus Chamber of Commerce and Industry (Keve), Invest Cyprus, and Enterprise Greece, with support from the Embassy of Cyprus in Athens, the Union of Greek Women (EGE), the Cyprus Federation of Business and Professional Women (BPW Cyprus), and the Hellenic Confederation of Commerce and Entrepreneurship (ESEE). This collaboration among organisations underlines the collective commitment to fostering stronger economic ties.
