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