Cyprus’ Ministry of Finance reported that Finance Minister Makis Keravnos and British High Commissioner to Cyprus Michael Tatham reviewed bilateral economic relations and discussed further cooperation in financial services, digital transformation and aerospace. Discussions covered investment promotion policies and investment screening mechanisms in these sectors, focusing on balancing economic growth with the protection of strategic interests. The meeting also reviewed ongoing sanctions cooperation, particularly between Cyprus’ National Sanctions Implementation Unit and the United Kingdom’s Office of Financial Sanctions Implementation. Broader discussions addressed challenges arising from regional geopolitical developments and the war in Ukraine, with particular emphasis on the energy crisis.
Cyprus Ministry of Finance reviews economic and sanctions cooperation with UK
Cyprus’ Ministry of Finance reported on discussions between Finance Minister Makis Keravnos and British High Commissioner Michael Tatham about economic cooperation, including financial services, digital transformation and aerospace. The meeting covered investment promotion and screening, existing sanctions cooperation, and geopolitical challenges, particularly the energy crisis.