President of the Republic Demetris Christofias indicated here today the economic and trade relations between Cyprus and Armenia could become closer and better to the mutual benefit of the two countries.
Addressing today in Nicosia the Business Forum “Prospects for Economic Co-operation between Cyprus and Armenia”, hosted at the Cyprus Chamber of Commerce and Industry on the occasion of Armenia’s President Serzh Sargsyan to Cyprus, President Christofias underlined that as Cyprus is gradually turning into a vital economic link between the European Union and the countries of the Middle East, Asia and North Africa, “Armenian companies will be able to expand more effectively into the European Union and Middle East markets in co-operation with Cypriot companies”.
“This co-operation can and should be reciprocal, with Armenia serving as an access route to the Caucasian countries for the business world of Cyprus” he added.
President Christofias noted that despite the fact that the trade and economic relations between Armenia and Cyprus are for the time being very limited, “however, the appropriate preconditions exist for them to become closer and better”, to the mutual benefit.
“Within this framework our Government is firmly committed to supporting and encouraging such activities, by providing the appropriate preconditions for a closer co-operation” he added,, pointing out that “contacts between and the undertaking of initiatives by the business world is of utmost importance”.
“It is you, the businessmen of Cyprus and Armenia who know better the capabilities of your companies and can better evaluate the prospects emerging in various sectors of economic activity” he said, addressing the businessmen attending the Forum.
He also expressed the certainty that “today's business forum will give a new impetus to the development of trade and economic relations between Cyprus and Armenia and will offer a new opportunity for meeting today's economic challenges together, by exploiting to the greatest possible degree the opportunities offered by the markets of the European Union, the Middle East and the Caucasian countries”.
