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Cyprus sees potential for deeper business relations with India
February 9, 2023
Cyprus and India can mutually benefit through a deeper and broader economic and business collaborative relationship, according to an analysis released this week by two executives from consulting and advisory firm PwC Cyprus.
Chrysilios Pelecanos, Partner Head of Indirect Tax PwC Cyprus, and Keshav Doolar, Manager Direct Tax Advisory PwC Cyprus, noted that on December 29, 2022, the Minister of Foreign Affairs of India, Subrahmanyam Jaishankar was on a two-day mission to Cyprus, reaffirming that bilateral relations between the countries have traditionally been very close and friendly.
In fact, the two executives noted, the year 2022 marked 60 years of diplomatic relations between India and Cyprus.