Doing Business in Cyprus (Saudi edition)
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DOING BUSINESS C YPRUS<br />
44<br />
SAUDI ARABIA EDITION<br />
the biggest hydrogen production plant,<br />
currently under construction <strong>in</strong> the<br />
planned city of Neom on the Red Sea<br />
coast, with Europe.<br />
How do you see the<br />
relationship between<br />
<strong>Saudi</strong> Arabia and <strong>Cyprus</strong><br />
develop<strong>in</strong>g <strong>in</strong> the future?<br />
We need to cont<strong>in</strong>ue on a step-bystep<br />
approach; by sett<strong>in</strong>g viable<br />
goals <strong>in</strong> our bilateral relations. As for<br />
our more immediate goals, establish<strong>in</strong>g<br />
direct air connectivity rema<strong>in</strong>s a strong<br />
priority for both countries, and we<br />
I<strong>Cyprus</strong> provides an element<br />
of political and economic<br />
stability, an excellent quality<br />
of life and an efficient and<br />
productive labour force. All<br />
these create a competent<br />
and conducive bus<strong>in</strong>ess<br />
environment. Concurrently,<br />
<strong>Saudi</strong> bus<strong>in</strong>esses can use<br />
<strong>Cyprus</strong> as a convenient entry<br />
po<strong>in</strong>t <strong>in</strong>to the EU marketplace,<br />
a bridge for expand<strong>in</strong>g their<br />
bus<strong>in</strong>ess networks and<br />
seek new opportunities<br />
strongly believe direct flights are a game<br />
changer for better relations. The production of mutually beneficial and viable results<br />
<strong>in</strong> our bilateral relations will demand time, resources, and political capital, but the<br />
future is bright. n
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