CIBA board holds meeting with President Nikos Christodoulides

On Tuesday, the board of the Cyprus International Businesses Association (CIBA) met with the President of the Republic of Cyprus, Nikos Christodoulides. The meeting focused on the role, challenges, and prospects of international businesses currently operating within the country. CIBA President Vasilis Dimitriadis expressed the association's support for government efforts to enhance Cyprus's competitiveness as a global business and investment hub. The participants discussed strategic economic issues, including the current regulatory and institutional framework and the promotion of foreign direct investment. Discussions also addressed the importance of digital transformation in public administration and the impact of geopolitical developments on the business climate. Dimitriadis emphasized the necessity of coordinated efforts between the government and agencies such as Invest Cyprus to attract new international firms. Members of CIBA expressed their willingness to act as representatives for the country in foreign markets to promote its image. The meeting was characterized as constructive by both parties involved.