President Nikos Christodoulides set out Cyprus' economic direction as one of "stability, perspective, growth and security" on Thursday, addressing the 14th Invest Cyprus International Investment Awards. He described the event as more than an awards ceremony, calling it a sign of international investor confidence and of the progress the country has achieved.
Trust as the basis of investment
The President thanked investors who "had options around the world and chose our country", saying investment is never simply a transaction but a decision based on trust in a country, its institutions, its people, its stability and its future. He noted that the rollout of Cyprus' renewed national branding narrative began this week, presenting the country as a stable European state with a global outlook and a European hub with an international footprint.
He said the Cypriot economy has shown remarkable resilience in a volatile international environment, maintaining fiscal seriousness and earning the confidence of international markets, while the state is being modernised, services improved and procedures simplified.
Commitments and outreach
Mr Christodoulides pledged a continued responsible economic policy, further modernisation of the state and investment in talent, pointing to the Minds in Cyprus initiative with Invest Cyprus and noting that access to the right talent is as decisive a competitive advantage as tax policy, infrastructure or geography. He also cited the recently concluded Cyprus Presidency of the Council of the EU as a national mission carried out with credibility and tangible results.
On external outreach, he highlighted his recent state visit to India, listing opportunities in technology, innovation, financial services, shipping, education, energy, tourism, logistics and trade, and said Cyprus can serve as a reliable European entry point for Indian companies seeking access to the EU, the Eastern Mediterranean, the Gulf and North Africa. Outreach is also expanding to Kazakhstan, while later this year he intends to return to the United States to deepen the economic relationship and attract new investment.
