10/6/14

Address by the President of the Republic , Mr Nicos Anastasiades, at the Cyprus Shipping Chamber official dinner

Address by the President of the Republic , Mr Nicos Anastasiades,
at the Cyprus Shipping Chamber official dinner


On behalf of the Cyprus Government, I would like to extend a warm welcome to all of you, and particularly to all those who have come from abroad.

Wishing to tangibly express my Government’s strong support towards the shipping industry once again, I gladly placed the “Official Gala Dinner” organised by the Cyprus Shipping Chamber this evening, under my auspices. For me personally, it is indeed a great pleasure to have here as my guests the “elite” of international shipping, the Members of the International Chamber of Shipping.

The pleasure is even bigger, taking also into account another special occasion indeed.

Ladies and Gentlemen,

Twenty five years ago, a few shipping entrepreneurs had a vision; a vision of establishing an organisation that would ‘Navigate Cyprus Worldwide’. The creation of the Cyprus Shipping Chamber has facilitated the turning of this vision into reality. With a mission, not only to preserve Cyprus’ prominent position in world shipping, but also to improve and further develop it.

The 25th year anniversary of the Cyprus Shipping Chamber comes at the aftermath of the recent adverse financial developments in Cyprus. In this context, as the shipping sector constitutes a crucial part of our economy and one of the main pillars of growth, there is no doubt that shipping has played a leading role in our effort for recovery.

Today, just over a year since the Troika Loan Agreement for Cyprus was made, I am pleased to tell you that the Cyprus economy is well under way for full recovery.

We have repeatedly and timely met the obligations we have undertaken against our lenders for structural reform, restoring the soundness of the Cyprus banking system, as well as public spending.

In fact, as a direct result of the corrective measures taken by the Cyprus Government, some of which have admidetly been quite painfull for the people of Cyprus, it is expected that by the end of this month Cyprus will be able to return to the international financial markets, a full year ahead of schedule.

In making these quite positive achievements in such a short period of time, the Shipping Chamber has played an important and invaluable part, by projecting Cyprus as a reliable maritime centre and that the shipping operational and taxation infrastructure in Cyprus and the Cyprus flag remain intact, fully operational and very competitive. For this commendable cooperation and loyalty, my Government publicly expresses its sincere appreciation towards the Member-Companies of the Chamber.  

In return, the Government is determined to introduce those mechanisms necessary to support this important sector, as well as enhance it further, always in close cooperation with the Cyprus Shipping Chamber. Towards that aim, I urge the Chamber to continue working creatively, taking into account the new potentials created by the recent discovery of natural gas and possibly also oil, in the Exclusive Economic Zone of Cyprus.

Dear ICS Members,

I understand that, as part of your Annual General Meeting starting tomorrow, you had today a very productive meeting with a number of important Maritime Administrations from around the world, some of whom, I am pleased to note, are also attending tonight’s event. I am sure that all of you, and especially the hosting Cyprus Maritime Administration, have greatly benefited from this innovative and productive Shipping Summit.

In addition, whilst wishing all ICS Members a very constructive Annual General Meeting and stay the next two days in Limassol, I express our country’s gratitude for ICS’s sterling support and cooperation towards Cyprus shipping. The Cyprus Shipping Chamber speaks very highly of the excellent work that ICS carries out for the benefit of international shipping and by extension, world trade.  

Dear ICS Chairman and Members,

Keep up the good work!

Closing, whilst wishing all of you an enjoyable evening, I sincerely congratulate the Cyprus Shipping Chamber for its 25-year solid contribution towards the economy and the overall society of Cyprus.

I wish the Chamber every success in its future endeavours as the true “Voice of the Cyprus Shipping Industry”, and I reassure you that my Government will remain a reliable partner in your efforts.