Doing Business in Cyprus (UAE Edition)

DOING BUSINESS C YPRUS
40
UNITED ARAB EMIRATES EDITION
How do you see the relations between Cyprus
and the UAE developing in the future?
The history of friendly bilateral relations
between the UAE and Cyprus
goes back decades. This relationship has
been nurtured and has flourished deeply
since then, as the two countries share
similar principles, values and most importantly
these days, have the mutual interest
in ensuring peace and stability. We
are also keen on being a reliable partner
for the EU in several fields, notably within
trade, but also in facing the challenges of
today in areas such as counterterrorism,
energy, environment, climate change,
food security, non-proliferation and economic
diversification.
This bilateral cooperation has taken the
healthy path to growth and thus the future
relationship will draw an intertwined
map of connectedness in several areas
of cooperation, perhaps especially in
renewables and a post-oil sustainable
future. Perhaps there may also be
cooperation in areas such as nationally
determined contributions, hydrogen and
climate financing, which are foreseen to
be further consolidated, as UAE will host
COP28 in 2023. n
IThis bilateral cooperation has
taken the healthy path to growth
and thus the future relationship
will draw an intertwined map
of connectedness in several
areas of cooperation, perhaps
especially in renewables and a
post-oil sustainable future.