22/4/16

The President of the Republic receives the credentials of the High Commissioner of Pakistan

         The President of the Republic receives the credentials of
 the High Commissioner of Pakistan



The President of the Republic, Mr Nicos Anastasiades, received today, at a formal ceremony, at the Presidential Palace, the credentials of the High Commissioner of Pakistan to the Republic of Cyprus, stationed in Beirut, Mr Aftad Ahmad Khokher.

Presenting her credentials , the High Commissioner of Pakistan said:
 
Excellency, The Honourable, Mr President,

It is a great honour for me to be here today to present my credentials as High Commissioner – Designate of the Islamic Republic of Pakistan to the Republic of Cyprus. At the outset, I would like to convey sincere greetings from the President of Pakistan H.E. Mr. Mamnoon Hussain and Prime Minister H.E. Mr. Muhammad Nawaz Sharif to you, the Government and friendly people of the Republic of Cyprus. They have conveyed their best wishes for progress and prosperity of the Republic of Cyprus.

The relationship between Pakistan and Cyprus is an important facet of Pakistan’s foreign policy. This relationship is based on the fundamental principles of mutual respect and cooperation. The Republic of Cyprus, being an important member of European Union and the Commonwealth, holds a special place in the comity of nations.
Pakistan and Cyprus have traditionally enjoyed close and cordial relations. We have extended support to each other at various international fora.   We look forward to continuing our cooperation in various spheres.

The honour of being High Commissioner of Pakistan carries a responsibility as well. Therefore, it would be my earnest desire and commitment to fortify our longstanding relations particularly through enhancement of trade ties and developing bridges between the economies of two countries. The private sectors of the two countries must be encouraged to explore and exploit opportunities of trade and investment. Pakistan offers conducive business and friendly investment environment. Your patronage and guidance will be crucial and critical to fulfill my task and achieve substantive results during my assignment.

Mr President,

Today Pakistan has established itself as a stable country. Pakistan has achieved substantive achievements in various spheres particularly in its efforts to counter terrorism. The political system has gained maturity coupled with improvement in general level of security. The economic indicators are very positive and promising.

The guiding principles of Pakistan’s foreign policy are: “Peace for Development” and “Peaceful Neighbourhood”. Therefore, Pakistan believes in resolution of all outstanding issues with India including the issue of Jammu and Kashmir. Pakistan is also striving for peace and stability in Afghanistan. Pakistan has launched a long term China Pakistan Economic Corridor Project.

Pakistan supports the efforts towards a comprehensive, viable and fair settlement of the Cyprus problem based on UN Resolutions and High Level Agreements at the earliest possible. We believe that the Republic of Cyprus, under your visionary leadership, will achieve this objective.

Mr President,

I would like to conclude by reiterating my objective of further strengthening the excellent relations between Pakistan and Cyprus.

I have the honour to present the letter of recall of my predecessor and the letter of credence, by which H.E. the President of the Islamic Republic of Pakistan has appointed me as High Commissioner Extraordinary and Plenipotentiary of the Islamic Republic of Pakistan to the Republic of Cyprus”.

Receiving his credentials , the President of the Republic said:

Excellency,

It is with great pleasure that I receive today your Letters of Credence, appointing you as the new High Commissioner of the Islamic Republic of Pakistan to the Republic of Cyprus. Please, accept my congratulations for your appointment and my sincere wishes for every success during your tenure.

Cyprus and the Islamic Republic of Pakistan have established diplomatic relations more than 50 years ago. We believe that there is room for expanding our relations through cooperation in various areas as well as by forging agreements in the economic, maritime, security, educational, scientific and cultural fields. In this respect, the conclusion of pending bilateral agreements in the above fields would certainly be an important step forward for broadening and deepening our bilateral relationship.  

Furthermore, Cyprus, as a member state of the European Union, considers the Islamic Republic of Pakistan as an important partner in Asia and actively supports community dialogue with the country and the ongoing efforts to build a strong long-term EU-Pakistan partnership to promote regional cooperation and stability.

Excellency,

The Cypriot economy is now emerging out of its most challenging period to date. Last month, Cyprus has managed to successfully complete the implementation of the macroeconomic adjustment programme that was agreed with EU Institutions and IMF in March 2013. With vision, detailed planning and prudence and with the responsible stance and hard work of the Cypriot people, we made it possible to restore the credibility of the state and the country’s financial sector, faster than anyone could have predicted three years ago.   I can proudly and confidently state that Cyprus has become a success story of economic reform.

The combination of the resilience of the productive sectors of our economy with a very determined effort of economic reform and fiscal consolidation was key to this success.

The last three years are a prime example of what can be achieved. In the first three months of 2013 the economy registered negative growth rate of -5.7 per cent that peaked at -6.5 per cent in the second quarter of the same year.   Today, after almost four years of recession, the Cyprus economy returned to positive economic growth rates by registering GDP growth of +1.6 per cent in 2015. Furthermore, in March 2013, the fiscal deficit was between five to six per cent of GDP, while by the end of 2015 the government managed not only to cover the deficit but also to record a primary surplus of 2.5 per cent of GDP.

Furthermore, the Government policies and measures have resulted in the stabilization of the financial system which was confirmed by the positive results of the pan-European stress tests of the Quality of Assets and Resilience under adverse situations. With a restructured and fully recapitalized banking sector - mainly through important international investors - fiscal imbalances permanently addressed, and a program of radical structural reforms, Cyprus has managed to access the international capital markets much earlier than any other program country.

Looking ahead, we are confident that the economy will be on solid ground in the medium and long term. The completion of the country’s adjustment programme is not the end of the road.   We still need to tackle significant challenges and continue our policy of changes, reforms and rationalisation of public finances in a serious manner, sharpen our competitive edge and attract foreign direct investments. Our ultimate goal is to achieve sustained growth and prosperity for all Cypriots.

Excellency,

Since May 2015 we are engaging in intensive negotiations to reach a comprehensive settlement on the Cyprus problem. While a common understanding on an important number of issues has been reached in the negotiating table, there are still remaining differences in all chapters and we have yet to embark on substantive discussions in a number of core issues.

At the same time, there are also issues on which even if we reach a common understanding, the complexities associated with their implementation require time and careful planning.

Thus, it is vital to be well-prepared and present to the people a clear Plan, so as to avoid reaching a solution with considerable gaps or ambiguities that will negatively affect its viability.

On my behalf, I would like to reiterate my sincere willingness and determination to work tirelessly to achieve a settlement based on a bi-communal, bi-zonal federation with political equality, as set out in the relevant Security Council Resolutions, the High Level Agreements and the Joint Declaration of February 2014, with a single international legal personality, a single sovereignty and a single citizenship. A viable and functional solution in line with the European Union acquis, values and principles; a European solution that will safeguard the human rights and fundamental freedoms of all Cypriots.

It is our sincere hope that Turkey, an occupying force in Cyprus, will demonstrate genuine political will to reach a settlement, not via rhetoric assurances, but through the adoption of concrete steps which will positively underpin the negotiating process and the climate of hope prevailing in the island.  

Your Excellency,

In welcoming you to Cyprus, Mr High Commissioner, I would like to assure you, once more, of the support of my Government to your valuable mission during the execution of your High Duties. Furthermore, I kindly ask you to convey a message of genuine friendship   and  good   will  to   the President of the Islamic Republic of Pakistan, H.E. Mamnoon Hussain, as well as my best wishes for the well-being of the Pakistani people”.
 
Present at the ceremony were the Minister of Foreign Affairs, Mr Ioannis Kasoulides, the Head of Presidency at the Presidential Palace, Mr Kypros Kyprianou, and the Chief of Protocol, Mr Marios Kountourides.
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