Cyprus and India have committed to expanding economic cooperation through a five-year action plan following talks between their leaders in Nicosia, the countries announced on Monday.
Cypriot President Nikos Christodoulides and Indian Prime Minister Narendra Modi agreed to deepen collaboration in research, innovation and technology, as well as other sectors including tourism and trade during Modi’s official visit to Cyprus from 15-16 June 2025.
Modi visits Cyprus for first time in over two decades
The visit marked the first by an Indian prime minister to Cyprus in more than 20 years. Modi, who was on his way to a summit of the G7 group of nations in Canada, and Cypriot President Nikos Christodoulides were scheduled to address business leaders on Sunday and hold formal talks on Monday.
The leaders discussed bilateral, regional and international issues during their meetings, highlighting the expanding scope and depth of Cyprus-India cooperation. They welcomed progress in economic, technology and people-to-people ties, reflecting the dynamic nature of the relationship between the two countries.
Leaders commit to expanded cooperation in technology and trade
Recognising growing strategic complementarity between Cyprus and India, the leaders committed to expanding economic ties through increased trade, investment and cooperation in science, innovation and research.
To advance collaboration, the two leaders noted they would welcome a high-level Cypriot delegation visit to India, as well as the organisation of a Cyprus-India Business Forum to promote investment opportunities.
The leaders agreed to promote cooperation in research, innovation and technology, fostering stronger links between start-ups, academic institutions and industry.
They committed to supporting innovation exchanges in key areas including artificial intelligence, digital infrastructure and research, with the prospect of signing a related memorandum of understanding.
Cyprus and India also agreed to explore opportunities to strengthen tourism and create direct air connectivity between the countries, as well as enhanced air routes with common partners to facilitate travel and boost bilateral exchanges.
Action plan to guide bilateral relations through 2029
The joint declaration confirms the strategic bond between Cyprus and India. Both leaders noted with satisfaction progress in ongoing bilateral cooperation and expressed confidence the partnership would continue to flourish, promoting peace, stability and prosperity in their regions and beyond.
The leaders agreed to establish an action plan to guide bilateral relations between Cyprus and India for the next five years, under the supervision of the foreign ministries of both countries.
Recognising increasing convergence of values, interests, approaches and perspectives on international issues, both sides expressed their determination to further strengthen their partnership in key areas.
Cyprus and India committed to deepening their cooperation as reliable and indispensable partners, contributing to regional and global peace, prosperity and stability.
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