India-Cyprus Elevate Economic and Strategic Ties as EU Leadership Looms
In a landmark step to reinforce ties between India and the European Union, PM Narendra Modi’s visit to Cyprus marks a transformative phase in Indo-European cooperation, especially with Cyprus poised to lead the EU Council next year.
Rekindling an Old Friendship
The visit brought renewed energy to a bilateral relationship that had seen little high-level attention in recent years. Modi emphasized the deep cultural and historical links between India and Cyprus, thanking the nation for its consistent support on international platforms such as the UN and NSG.
Economic Collaboration and Trilateral Prospects
At a business roundtable in Limassol, Modi pitched India as a growth engine and invited Cypriot investors to explore opportunities in Indian sectors like green energy, semiconductors, startups, and fintech.
Notably, Cyprus and India agreed to expand financial sector cooperation, and discussions included the creation of a Greece-Cyprus-India trilateral platform for business promotion and regional trade facilitation.
Protecting Workers and Maritime Security
Both leaders also explored defense cooperation and maritime safety in the Indo-Pacific and Mediterranean regions. The two countries agreed to begin talks on a maritime security dialogue, recognizing the importance of open sea lanes for trade and strategic stability.
What Comes Next?
PM Modi’s visit sets the tone for deeper alignment with EU nations as India continues its outreach to trusted democratic partners. With Cyprus’s EU Council presidency on the horizon, this visit lays the groundwork for strategic collaboration across climate, tech, trade, and multilateral diplomacy.
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