Cyprus-German Business Association founded in Nicosia

The Cyprus-German Business Association, under the Cyprus Chamber of Commerce and Industry (CCCI), held its founding assembly last Tuesday in Nicosia. The establishment of the Association is part of the Chamber’s efforts to promote relations between Cyprus and other countries.
The aim of these efforts is to promote, expand and encourage economic, commercial and business relations and to cultivate conditions of friendship and understanding, the press release said.
Addressing the assembly, CCCI President Manthos Mavrommatis spoke about the strong economic ties and excellent commercial ties between Cyprus and Germany, noting that there are infinite opportunities for cooperation, since Germany has a large range of products which are of interest to Cypriot consumers and traders.
CCCI General Secretary Panayiotis Loizides said the Chamber already enjoyed close relations with German chambers, which would have to play a significant role in developing cooperation.
During the assembly, its Board of Directors was elected. The aim of the Association and the new Board of Directors is to provide practical assistance to its members, utilising the CCCI network of connections.