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Agreement signing between Cyprus and Georgia on infrastructure cooperation - Global Banking & Finance Review
Image of the agreement signing ceremony between Cyprus and Georgia, highlighting their new cooperation in infrastructure, trade, and tourism. This partnership aims to enhance bilateral relations.
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AGREEMENT SIGNED BETWEEN CYPRUS AND GEORGIA

Published by Gbaf News

Posted on April 10, 2014

1 min read

· Last updated: April 10, 2014

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Cyprus and Georgia via their respective Ministers have entered into an agreement last month for cooperation in the areas of infrastructure and public works, in addition to the existing agreement in the fields of shipping, culture and antiquities.

This move comes as an additional step to an existing rapid development of bilateral cooperation between the two countries.

The next step for both countries is to enhance relations in the fields of trade, financial transactions and tourism.

Key Takeaways

  • Cyprus and Georgia have signed a new cooperation agreement covering infrastructure and public works.
  • This complements their existing agreements in shipping, culture, and antiquities.
  • The agreement signals intent to further expand ties in trade, finance, and tourism.

Frequently Asked Questions

What areas does the new agreement cover?
It covers cooperation in infrastructure and public works, in addition to existing agreements in shipping, culture and antiquities.
Why is this agreement significant?
It marks a deepening of bilateral ties and sets the stage for expanded cooperation in trade, financial services and tourism.
What are the next steps following this agreement?
Both countries plan to enhance relations in trade, financial transactions and tourism, including potential initiatives like direct flights.

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