15/4/14

Remarks by the Government Spokesman


The decision to open a Diplomatic Mission by the United Arab Emirates (UAE) in Nicosia is an important step in strengthening further relations between the Republic of Cyprus and the UAE, said the Government Spokesman Mr Nikos Christodoulides today. He also noted that there is interest for investments in Cyprus, but hard work is required on our part so that there can be results.


In his remarks to reporters on the sidelines of the official visit of the President of the Republic to the United Arab Emirates, Mr Christodoulides said that “the visit to the United Arab Emirates takes place in the framework of the series of visits by the President of the Republic to the Gulf states.

The President today met with the Crown Prince. There was a discussion in a very good atmosphere, there is interest about Cyprus, and they know Cyprus. They will be opening a Diplomatic Mission in Nicosia very shortly and this is a very important step in strengthening further our bilateral relations.   

One of the main reasons that the President of the Republic, who is accompanied by Ministers, is here, is to attract investments to Cyprus. It is important that there is interest.

The coming of the President here establishes the first contact – he is accompanied by a number of businessmen – and there needs to be a follow-up, there needs to be seriousness on our part, so that there will be results. We must not jump ahead of developments, but there will be hard work done, so that we can have results.

The President, so far, had three meetings with investment funds – they are state funds and they invest in many countries of Europe. There is real interest about the fact that the Republic of Cyprus is member state of the EU and about the hydrocarbons issue –in Abu Dhabi more than 80% of the revenues come from the hydrocarbons sector-  and it is expected that we will subsequently see, also through our own work, that there will be results.”

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