Cypriot Economy and Foreign Trade, Logistics. Business in Nicosia (Cyprus)
The fleet of vessels registered in Cyprus represents the
fourth
largest in the world
Cypriot services sector is one of the pillars of the economy of the Republic of Cyprus
Orthodoxy and Business
Subject Syllabus
Introduction to the Republic of Cyprus (EU)
Economy of Cyprus: The world's fourth largest ocean fleet
Doing Business in Nicosia
Cypriot International Trade
Transport and Logistics
Investment in Cyprus
Access to the Cypriot Market
Business Plan for Cyprus
Objectives
The educational aims of the Subject “Foreign Trade, Logistics and Business in Cyprus” are:
To analyze the Cypriot Economy, Logistics and Foreign Trade
To conduct research on business opportunities in the Cypriot Market
To research the trade relations of Cyprus with the student's country
To know Trade Agreements of Cyprus as a member of the European Union
To develop a business plan for the Cypriot Market
Academic Programs
International Trade, Logistics and Business in Cyprus
Trade Agreements
Preferential Access and Trade Agreements of Cyprus:
Cyprus and the Orthodox Economic Area / European Economic Area
European UnionAs a member of EU, Cyprus is a beneficiary of EU Trade Agreements
European Single Market
The European Union Services Directive
European Digital Single Market European Customs Union
Trade Facilitation
World Trade Organization (WTO)
Agreement on Trade in Services (GATS)
Agreement on the Application of Sanitary Measures
Agreement on Technical Barriers to Trade
Agreement on Preshipment Inspection
Agreement on Safeguards
Trade Facilitation Agreement
World Customs Organization (WCO)
Kyoto Convention
Convention Harmonization of Frontier Controls of Goods
BIC
Chicago Convention (ICAO)
International Maritime Organization (IMO)
Convention for Safe Containers
Istanbul Convention
International Road Transport Union (IRU)
TIR Convention
Guidelines on Safe Load Securing for Road Transport
International Chamber of Shipping
Customs Convention on Containers - not a member
International Chamber of Commerce
European Institutions
European UnionEuropean Bank for Reconstruction and Development (EBRD)
European Central Bank
European Investment Bank
European Union-CELAC Summit
Economic Commission for Europe (UNECE)
Organization for Security and Cooperation in Europe (OSCE)
Group of States of the European Council Convention against Corruption
United Nations
World Trade Organization (WTO)
World Bank
International Monetary Fund
Asia-Europe Meeting Cyprus
Capital of Cyprus: Nicosia
Cypriot Official Languages: Turkish and Greek
Area of Cyprus: 9,251 km²
Cypriot Population: 1.14 million people
Type of Government: Presidential Republic
Nearest countries (by sea): Turkey , Syria and Greece
Independence of Cyprus: 1960 (UK)
Northern Cyprus was occupied by Turkey (1974) creating the Turkish Republic of Northern Cyprus (only recognized by Turkey)
Religion in Cyprus: Orthodoxy (Christianity )
Cyprus belongs to the Orthodox Economic Area (European Economic Area)
Global Trade
Economy of Cyprus .
Cypriot Industrial sector employs 25% of the population
Cypriot Currency: Euro (2008)
Cyprus joined the EU in 2004
2012: rescue by the EU (17,500 million Euros)
In 2013 a “corralito” was imposed in Cyprus
Cypriot Foreign Trade .
Main Cypriot Exports: citrus, cement, potatoes, medicines, dresses
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trading partners of Cyprus are Greece, Germany, the UK, Italy (c) EENI Global Business School (1995-2025)
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