He also confirmed that the shipping industry remains a cornerstone of Cyprus's economy, leveraging the nation's maritime expertise and strategic position. Tertiary education is also a significant sector, with Cyprus emerging as a regional center for higher education, attracting students and faculty from around the world. The health sector is expanding, driven by investments in both existing facilities (acquisitions) and new ones, while agriculture is evolving with new technologies and practices enhancing productivity and sustainability. He affirmed that Cyprus's strategic initiatives and favorable investment climate have made it attractive for FDI across various sectors, reinforcing its status as a dynamic and attractive destination for global investors, reflecting its potential and commitment to sustainable growth. President of Cyprus praised the State of Qatar's achievements, saying, "Qatar during the last two decades or so has embarked on a remarkable course of internal political, economic, social and cu ltural transformation (based on excellence and use of new technologies, hard work and task-oriented collective objectives) through which the country became a successful Arab and world model and shining paradigm, while also becoming an innovation-, educational- and athletic-hub (the successful hosting of the World Cup for example)." The said achievements, have elevated the status of Qatar not only within the Arab world, and thus bolstering the perspectives of closer collaboration between the Arab states, but far beyond, especially in the field of mediation to resolve and settle disputes between parties and work to build-up regional consensus, where peace and stability, will permanently thrive. Economically, he noted that Qatar's policies, significant investments in infrastructure, and establishment of free zones have attracted substantial foreign direct investment, while initiatives like the Qatar National Vision 2030 emphasize sustainable and diversified growth. This approach encourages intra-regional invest ments, fosters economic cooperation, and enhances the collective economic resilience of the Arab world and the wider region, including Cyprus. Most importantly, the openness of Qatar to the world, fosters security in a region that desperately needs it, especially as it played a mediating role in high-profile conflicts, he added. HE President of the Republic of Cyprus Nikos Christodoulides concluded his statement to QNA by saying that the State of Qatar, "current mediation efforts, together with Egypt and the United States are known the world-over. We sincerely hope that these efforts for an immediate ceasefire in Gaza and for releasing all hostages, will soon bear results." Source: Qatar News Agency
Friday, September 20, 2024