Cyprus’ shipping sector has evolved into one of the leading sectors of the economy in recent years and is navigating the island to economic recovery, President Nicos Anastasiades has said.
In his address at the Shipping Chamber dinner in Nicosia, on Friday, Anastasiades expressed the government ́s appreciation to all participants for their continuous support, the trust they placed on Cyprus shipping and its flag throughout the years, and their contribution to “the impressive development of the Cyprus Shipping Industry.”
He added that despite the international adverse economic conditions and the financial difficulties that Cyprus faced, the shipping sector had managed to maintain its competitiveness thanks to the combined efforts of the public and private sectors.
The president noted that shipping had in fact evolved in the recent years as one of the leading sectors of the economy and was “navigating” Cyprus to recovery.
It was worth mentioning, he added, that the contribution of the Cyprus Shipping Chamber was invaluable. Through its work and activity it has managed to maintain shipping as the lifeline of the economy.
Source: Cyprus Mail
