{"id":14990,"date":"2025-06-16T12:20:33","date_gmt":"2025-06-16T06:50:33","guid":{"rendered":"https:\/\/wowentrepreneurs.in\/index.php\/2025\/06\/16\/pm-modi-cyprus-president-forge-india%e2%80%91cyprus-economic-ties-in-limassol\/"},"modified":"2025-06-16T12:20:33","modified_gmt":"2025-06-16T06:50:33","slug":"pm-modi-cyprus-president-forge-india%e2%80%91cyprus-economic-ties-in-limassol","status":"publish","type":"post","link":"https:\/\/wowentrepreneurs.in\/index.php\/2025\/06\/16\/pm-modi-cyprus-president-forge-india%e2%80%91cyprus-economic-ties-in-limassol\/","title":{"rendered":"PM Modi, Cyprus President Forge India\u2011Cyprus Economic Ties in Limassol"},"content":{"rendered":"<div>\n<p><b>New Delhi [India], June 16:<\/b><span style=\"font-weight: 400;\"> In a display of strategic optimism and mutual respect, Prime Minister Narendra Modi and President Nikos Christodoulides of Cyprus led a high-impact business roundtable in Limassol today. This meeting, attended by senior leaders and entrepreneurs from both nations, set a clear tone: India\u2011Cyprus economic ties are ready to chart a new growth trajectory.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Spanning sectors from finance to logistics, defence to AI, and tourism to quantum technologies, the session reflected an evolving partnership.<\/span><\/p>\n<h3><b>India\u2019s rapid ascent: A call to collaboration<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">PM\u202fModi celebrated India\u2019s remarkable rise over the past 11 years, from the world\u2019s fastest\u2011growing major economy to the fifth-largest, with ambitions to rank third globally. He credited this success to a stable political environment, transparent policies, and robust ease-of-doing-business initiatives.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">He highlighted areas where India excels, civil aviation, ports, shipbuilding, digital payments, and green energy, with clear invitations for Cypriot expertise and investment. Emerging frontiers like AI, quantum computing, semiconductors, and critical minerals also emerged as prime zones for cooperation.<\/span><\/p>\n<h3><b>Financial bridges and fintech breakthroughs<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Highlighting Cyprus as a prized FDI destination for Indian investors, both leaders welcomed two hallmark developments:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">An MoU between NSE International Exchange (GIFT City) and the Cyprus Stock Exchange to deepen financial sector collaboration.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A landmark partnership between NPCI International Payments and Eurobank Cyprus, enabling UPI-based cross-border digital payments, benefiting tourists and businesses alike.<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">These initiatives underscore a modern financial framework that transcends geography, powered by technology and interoperability.<\/span><\/p>\n<h3><b>Trilateral synergy: India\u2013Greece\u2011Cyprus Council launched<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The gathering also witnessed the launch of the <\/span><b>India\u2013Greece\u2013Cyprus (IGC) Business and Investment Council<\/b><span style=\"font-weight: 400;\">, a trilateral bridge designed to foster cooperation across shipping, logistics, renewable energy, civil aviation, and digital services<\/span><a href=\"https:\/\/ddnews.gov.in\/en\/india-positioned-to-become-worlds-third-largest-economy-says-pm-modi-in-cyprus\/?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">\u00a0<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Positioned as a collective gateway to global markets, the IGC Council exemplifies a collaborative vision that aligns three nations on growth-focused infrastructure, smart logistics, and technology pathways.<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"el\">\u0388\u03c6\u03b8\u03b1\u03c3\u03b1 \u03c3\u03c4\u03b7\u03bd \u039a\u03cd\u03c0\u03c1\u03bf. \u0395\u03ba\u03c6\u03c1\u03ac\u03b6\u03c9 \u03c4\u03b7\u03bd \u03b5\u03c5\u03b3\u03bd\u03c9\u03bc\u03bf\u03c3\u03cd\u03bd\u03b7 \u03bc\u03bf\u03c5 \u03c3\u03c4\u03bf\u03bd \u03a0\u03c1\u03cc\u03b5\u03b4\u03c1\u03bf \u03c4\u03b7\u03c2 \u039a\u03cd\u03c0\u03c1\u03bf\u03c5, \u039a\u03bf. \u039d\u03af\u03ba\u03bf \u03a7\u03c1\u03b9\u03c3\u03c4\u03bf\u03b4\u03bf\u03c5\u03bb\u03af\u03b4\u03b7 \u03b3\u03b9\u03b1 \u03c4\u03b7\u03bd \u03be\u03b5\u03c7\u03c9\u03c1\u03b9\u03c3\u03c4\u03ae \u03c7\u03b5\u03b9\u03c1\u03bf\u03bd\u03bf\u03bc\u03af\u03b1 \u03ba\u03b1\u03b9 \u03b3\u03b9\u03b1 \u03c4\u03b7\u03bd \u03c5\u03c0\u03bf\u03b4\u03bf\u03c7\u03ae \u03bc\u03bf\u03c5 \u03c3\u03c4\u03bf \u03b1\u03b5\u03c1\u03bf\u03b4\u03c1\u03cc\u03bc\u03b9\u03bf. \u0391\u03c5\u03c4\u03ae \u03b7 \u03b5\u03c0\u03af\u03c3\u03ba\u03b5\u03c8\u03b7 \u03b8\u03b1 \u03c0\u03c1\u03bf\u03c3\u03b8\u03ad\u03c3\u03b5\u03b9 \u03c3\u03b7\u03bc\u03b1\u03bd\u03c4\u03b9\u03ba\u03ad\u03c2 \u03ce\u03b8\u03b7\u03c3\u03b7 \u03c3\u03c4\u03b9\u03c2 \u03c3\u03c7\u03ad\u03c3\u03b5\u03b9\u03c2 \u0399\u03bd\u03b4\u03af\u03b1\u03c2-\u039a\u03cd\u03c0\u03c1\u03bf\u03c5, \u03b5\u03b9\u03b4\u03b9\u03ba\u03ac \u03c3\u03b5 \u03c4\u03bf\u03bc\u03b5\u03af\u03c2 \u03cc\u03c0\u03c9\u03c2 \u03c4\u03bf \u03b5\u03bc\u03c0\u03cc\u03c1\u03b9\u03bf, \u03c4\u03b9\u03c2\u2026 <a href=\"https:\/\/t.co\/Vkc2mwP10a\" target=\"_blank\">pic.twitter.com\/Vkc2mwP10a<\/a><\/p>\n<p>\u2014 Narendra Modi (@narendramodi) <a href=\"https:\/\/twitter.com\/narendramodi\/status\/1934223215435641208?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">June 15, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h3><b>EU Presidency &amp; Free Trade Agreement on the horizon<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">With Cyprus poised to assume the EU Council Presidency in 2026, both leaders emphasized a strengthened India\u2011EU strategic partnership. Optimism is high for concluding the long-awaited India\u2011EU Free Trade Agreement by year-end, an accord that promises to catalyze trade, investment flows, and innovation across both regions.<\/span><\/p>\n<h3><b>Building the roadmap: From dialogue to delivery<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">PM Modi stressed that the session generated pragmatic suggestions that will be transformed into an actionable economic roadmap. The strategy aims to cement long-term collaboration in trade, innovation, and strategic sectors, reinforcing the core message: <\/span><b>India\u2011Cyprus economic ties are entering a dynamic new phase.<\/b><\/p>\n<h2><b>In summary<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The Limassol business roundtable was a deliberate step towards deepening <\/span><b>India\u2011Cyprus economic ties<\/b><span style=\"font-weight: 400;\">. With high-level MoUs, technology framing, and a trilateral council, both nations are signalling a shift from goodwill to structured action.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For business leaders, investors, and economic partners, this sets the stage for collaborative ventures in fintech, infrastructure, digital innovation, green development, maritime, and beyond. As Cypriot President Christodoulides aptly noted, \u201cToday, we are building more bridges\u2026 entering a new era of strategic partnership\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This summit in Limassol embodies a shared vision: that <\/span><b>India\u2011Cyprus economic ties<\/b><span style=\"font-weight: 400;\"> aren\u2019t just aspirational, they\u2019re being fortified with clarity, intent, and momentum.<\/span><\/p>\n<p><a href=\"https:\/\/pnndigital.com\/category\/news\/\"><strong>PNN News<\/strong><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi [India], June 16: In a display of strategic optimism and mutual respect, Prime Minister Narendra Modi and President&hellip;<\/p>\n","protected":false},"author":1,"featured_media":14991,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[19],"class_list":["post-14990","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-national"],"_links":{"self":[{"href":"https:\/\/wowentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/posts\/14990","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wowentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wowentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wowentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wowentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/comments?post=14990"}],"version-history":[{"count":0,"href":"https:\/\/wowentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/posts\/14990\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wowentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/media\/14991"}],"wp:attachment":[{"href":"https:\/\/wowentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/media?parent=14990"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wowentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/categories?post=14990"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wowentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/tags?post=14990"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}