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Cyprus News Agency: News in English, 08-07-03
CONTENTS
[01] CYPRUS PRESIDENT - RUSSIAN COMPANIES
[01] CYPRUS PRESIDENT - RUSSIAN COMPANIES
President of the Republic Demetris Christofias has welcomed the
significant number of important Russian companies based in Cyprus and
assured that he would continue to make their operations from here as
comfortable as possible``.
Addressing the 18th International Business Conference Russia and
Emerging Markets: Ways to avoid global financial crisis, in Limassol,
organised by Otkritie Financial Corporation and RBC, President
Christofias said the number of Russian tourists to Cyprus has increased
by 30% last year and indications are that the same increase will be
achieved this year.
In the past few years Cyprus has ranked as one of the major investors
in Russia, he added.
``Cyprus and its people are indeed grateful to the Russian government
and the Russian people for their long standing support in the efforts
to find a peaceful solution of bizonal, bicommunal federation to the
Cyprus question, based on Security Council resolutions, international
law and European values``, he noted.
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