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“There is great opportunity for promoting creative industries in various sectors from tourism, medical, healthcare, Bollywood and technology sectors besides financial services and innovation and technology in Cyprus,” said Nicos Anastasiades, President of the Republic of Cyprus while addressing an event hosted by the All India Association of Industries (AIAI) in Mumbai. Anastasiades said Cyprus will offer various incentive and conducive atmosphere to promote these sectors to the investors who are looking forward to establish bilateral trade relations with Cyprus. He met with the President Pranab Mukherjee and Prime Minister Narendra Modi and signed various MoUs to promote business and cultural relations. Cyprus is also working on establishing air connectivity between India. “Cyprus is all set to extend assistance to India in improving the business environment between the two countries. We want to unlock the potential relationship by rebooting an age-old relationship in the wake of strengthening economic relations. Joint efforts of government together with trade and industry will facilitate bilateral trade and increase co-operation in fields of interest including tourism,” he adds. The Cypriot government is also keen to invite Bollywood producers to shoot their movies in the country.

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