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2023 Doing Business in Cyprus (UK Edition)

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DOING BUSINESS C YPRUS<br />

41<br />

UNITED KINGDOM EDITION<br />

How would you describe the current bilateral<br />

relations between the <strong>UK</strong> and <strong>Cyprus</strong>?<br />

The relationship between the <strong>UK</strong> and <strong>Cyprus</strong> has always been a very rich and active<br />

one. It is founded on historic l<strong>in</strong>ks, strong people-to-people connections, an<br />

exceptionally effective government-to-government cooperation, as well as flourish<strong>in</strong>g<br />

bus<strong>in</strong>ess and trade ties.<br />

Work<strong>in</strong>g together on issues of common <strong>in</strong>terest and mutual benefit has been a<br />

priority for both countries. This is demonstrated through a number of activities, for<br />

example our jo<strong>in</strong>t commitment to defence with visits by the Royal Navy’s flagships<br />

Queen Elizabeth and HMS Albion, and jo<strong>in</strong>t exercises with the Cypriot National Guard.<br />

We also have shared values on human rights, <strong>in</strong> particular we signed a Memorandum of<br />

Understand<strong>in</strong>g to work together to protect LGBT+ rights last year. And we are work<strong>in</strong>g<br />

together closely on specific issues such as support for victims of rape and sexual<br />

assault through tra<strong>in</strong><strong>in</strong>g visits by professionals from the <strong>UK</strong>. But there is more we can<br />

do together to benefit both our countries – particularly <strong>in</strong> the fight aga<strong>in</strong>st climate<br />

change, security, and trade.<br />

What significant key projects are there between the <strong>UK</strong><br />

and <strong>Cyprus</strong> at the moment, and what k<strong>in</strong>d of projects or<br />

cooperation would you like to see developed <strong>in</strong> the future?<br />

A<br />

s mentioned, the collaboration between our two countries covers all sectors<br />

and activities of common <strong>in</strong>terest. This is reflected <strong>in</strong> the memorandum of<br />

understand<strong>in</strong>g signed just a year ago between the <strong>UK</strong> and <strong>Cyprus</strong>. Through this<br />

agreement we enhance our bilateral collaboration <strong>in</strong> matters of foreign policy and<br />

security as well as economic, trad<strong>in</strong>g, and educational activities between the <strong>UK</strong> and<br />

<strong>Cyprus</strong>. There is currently close collaboration <strong>in</strong> implementation of the sanctions<br />

aga<strong>in</strong>st Russia, the <strong>UK</strong> government is provid<strong>in</strong>g support to <strong>Cyprus</strong> <strong>in</strong> its effort to improve<br />

its sanctions enforcement capacity and capability. There is similar collaboration <strong>in</strong><br />

projects such as justice reform and the e-government project managed by the Deputy<br />

M<strong>in</strong>istry of Research, Innovation and Digital Strategy. We are also work<strong>in</strong>g with the<br />

Deputy M<strong>in</strong>istry for Shipp<strong>in</strong>g to take forward priorities such as green shipp<strong>in</strong>g. These<br />

and other sectors such as green energy, smart cities, health, and education are areas<br />

where there is a lot more work to be done <strong>in</strong> both countries and we are look<strong>in</strong>g forward<br />

to work<strong>in</strong>g together to achieve positive results.

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