Cyprus Mail

Anastasiades wraps up China visit with high hopes

President Nicos Anastasiades, visits the Shanghai Commercial and Business Center with wife Andri

President Nicos Anastasiades wrapped up his visit to China on Sunday with an address to a forum in Shanghai organised by the Cyprus Land and Building Developers Association.

Government spokesman Nicos Christoudoulides said the president’s visit had brought relations between Nicosia and Beijing into a new phase both economically and politically.

Speaking to reporters in Shanghai, Christodoulides said: “Taking into account the discussions… we can say that the relationship between of Nicosia with Beijing is entering a new phase. There is clear political will on both sides to further enhance and upgrade [the relationship] especially on a technocratic, but also on a political level,” he said.

Asked if there were any concrete results with regard to the creation of opportunities in the economic sector, the spokesman said it was clear that there was a willingness on the part of Beijing, in investing in Cyprus.

Cyprus’ participation in the Silk Road Initiative would benefit relations by default as the policy itself implied the strengthening of China’s economic relations with participating countries, the spokesman said. This, he added, was expected to bring immediate concrete results.

Earlier, Anastasiades told forum delegates that broadening and deepening Cyprus’ trade and economic relationship with the global power that is China, was a top priority for the government.

“Indeed, we are confident that the strengthening of our relations, at all levels and in all sectors, will benefit both our peoples and we aim at ensuring that this shared vision is effectively realised,” he said.

He repeated that the government was implementing a series of measures which included the simplification of procedures for the faster issuing of permits and licensing of investment projects and operation of businesses, as well as the speedier granting of residence permits to foreign investors, and visas for visitors.

He invited Chinese companies to further explore investment programmes and prospects in Cyprus and to cooperate with Cypriot businesses, taking full advantage of the many opportunities on offer in the real estate sector.

Anastasiades will be back in Cyprus on Monday.

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