Business in Cyprus, Nicosia, merchant marine

1. Introduction to the Republic of Cyprus (EU)
2. Economy of Cyprus: The world's fourth largest ocean fleet
3. Business in Nicosia
4. Cypriot International Trade
5. Investment in Cyprus
6. Access to the Cypriot Market
7. Business Plan for Cyprus

The objectives of the subject “International Trade and Business in” Cyprus” are the following:

1. To analyze the Cypriot Economy and Foreign Trade
2. To know the trade opportunities in the Cypriot Market
3. To analyze the trade relations of Cyprus with the country of the student
4. To know the Trade Agreements of Cyprus as a member of the EU
5. To develop a business plan for the Cypriot Market

The Subject “Foreign Trade and Business in Cyprus” belongs to the following Online Programs taught by EENI Global Business School:

Doctorate: European Business, World Trade.

Masters: International Business, Foreign Trade.

Languages: + Chipre Chypre Chipre.

1. Credits of the Subject “Doing Business in Cyprus”: 1
2. Duration: one week

Preferential Access and Trade Agreements of Cyprus:

1. Cyprus and the Orthodox Economic Area / European Economic Area
2. The EU
   1. As a member of the EU, Cyprus is a beneficiary of the EU Trade Agreements
   2. European Single Market
   3. The EU Services Directive
   4. European Digital Single Market
   5. European Customs Union

1. WTO
   1. GATS
   2. Agreement on the Application of Sanitary Measures
   3. Agreement on Technical Barriers to Trade
   4. Agreement on Preshipment Inspection
   5. Agreement on Safeguards
   6. Trade Facilitation Agreement
2. WCO
   1. Kyoto Convention
3. Convention Harmonization of Frontier Controls of Goods
4. BIC
5. Chicago Convention (ICAO)
6. IMO
   1. Convention for Safe Containers
   2. Istanbul Convention
7. IRU
   1. TIR Convention
   2. Guidelines on Safe Load Securing for Road Transport
8. International Chamber of Shipping
9. Customs Convention on Containers - not a member
10. ICC

1. The EU
   1. EBRD
   2. ECB
   3. EIB
   4. EU-CELAC Summit
2. UNECE
3. OSCE
4. Group of States of the European Council Convention against Corruption

1. UN
2. WTO
3. WB
4. IMF
5. Asia-Europe Meeting

The Republic of Cyprus.

1. Capital of Cyprus: Nicosia
2. Cypriot Official Languages: Turkish and Greek
3. Area of Cyprus: 9,251 km²
4. Cypriot Population: 1.14 million people
5. Type of Government: Presidential Republic
6. Nearest countries (by sea): Turkey, Syria and Greece
7. Independence of Cyprus: 1960 (UK)
8. Northern Cyprus was occupied by Turkey (1974) creating the Turkish Republic of Northern Cyprus (only recognized by Turkey)

Religion in Cyprus: Orthodoxy (Christianity)

1. Cyprus belongs to the Orthodox Economic Area (European Economic Area)

Economy of Cyprus.

1. Cypriot services sector is one of the pillars of the economy of the Republic of Cyprus
2. Cypriot Industrial sector employs 25% of the population
3. GDP (nominal): 22,446 million dollars;
   1. Agriculture: 2%
   2. Industry: 19%
   3. Services 79%
4. GDP per capita: 29,830 dollars
5. Cypriot Currency: Euro (2008)
6. Cyprus joined the EU in 2004
7. 2012: rescue by the EU (17,500 million Euros)
8. In 2013 a “corralito” was imposed in Cyprus
9. The fleet of vessels registered in Cyprus represents the fourth largest in the world

Cypriot Foreign Trade.

1. Main Cypriot Exports: citrus, cement, potatoes, medicines, dresses
2. Top trading partners of Cyprus are Greece, Germany, the UK, Italy

(c) EENI Global Business School (1995-2024)
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