Cyprus and Greece to renew investment cooperation agreement

Cyprus and Greece will renew and expand their cooperation in foreign investment through the signing of a strategic memorandum of cooperation between Invest Cyprus and Enterprise Greece in Athens.

The agreement will be signed by Invest Cyprus director general Marios Tannousis and Enterprise Greece president and secretary general for international economic relations and extroversion Dimitris Skalkos, marking a further step in strengthening bilateral investment ties.

The signing will take place during the second business presentations summit of Cyprus in Greece, titled “The new changes in the tax system of Cyprus,” which will be held on April 21, between 10:00 and 14:30, at the Theoharakis Foundation amphitheatre in central Athens.

The event aims to provide a detailed presentation of Cyprus’ new tax system to Greek businesses, as Greek investment flows into Cyprus continue to increase steadily.

The main presentation will be delivered by tax commissioner Sotiris A. Markides, who will outline the latest reforms and developments in the Cypriot tax framework.

In addition, audit and legal firms will present the services they offer to Greek businesses and investors seeking to expand their presence in Cyprus.

Opening remarks will be delivered by Cyprus ambassador to Athens Stavros Avgoustidis, Cyprus Chamber of Commerce and Industry president Stavros Stavrou, and Cyprus–Greece Business Association president Iosif Iosif.

Speakers at the event will include Enterprise Greece president Dimitris Skalkos, Invest Cyprus director general Marios Tannousis, Institute of Certified Public Accountants of Cyprus president Odysseas Christodoulou, and Cyprus Bar Association president Michalis Vorkas.

At the conclusion of the event, the two organisations will proceed with the formal signing of the renewed strategic memorandum, reinforcing cooperation in the investment sector between Cyprus and Greece.

The initiative reflects a broader effort to strengthen economic collaboration and promote cross-border investment opportunities between the two countries.

The event is being held under the auspices of the Cyprus embassy in Greece, the Cyprus Chamber of Commerce and Industry, the Cyprus–Greece Business Association, and Invest Cyprus.

The renewal of the agreement underscores the commitment of both sides to enhance bilateral economic relations and support business expansion through coordinated institutional cooperation.