SATURDAY, 13 AUG 2022

 

CONNECT

Facebook Linked In Twitter
IMH LTD

US Invests $280bn In High Tech To Compete With China

Greece Exits Enhanced Surveillance Programme 12 Years After Bailout

IMH LTD

ECONOMY

Cyprus And Egypt To Establish Joint Maritime Committee

Cyprus And Egypt To Establish Joint Maritime Committee

Cyprus and Egypt decided the establishment of a Joint Maritime Committee in the context of the first Intergovernmental meeting between the two countries, held in Cairo last Saturday.

According to a press release by Deputy Ministry of Shipping, Cypriot Deputy Minister Vassilios Demetriades had a meeting with his Egyptian counterpart Kamel Al Wazir.

The meeting confirmed the excellent relations between the two countries in the field of shipping and reviewed the Bilateral Shipping Agreement, signed in 2006.

It was also decided to strengthen cooperation by establishing a Joint Maritime Committee, which will meet on a regular basis to exchange views and establish cooperation at bilateral, regional and international level with the aim of enhancing maritime safety, supporting protection initiatives of the marine environment and the promotion of the environmental sustainability of shipping and the development of non-discriminatory maritime transport in the Eastern Mediterranean.

The two sides also agreed to address the issue of digital maritime safety and maritime passenger connectivity within the Joint Maritime Committee.

The Egyptian Minister of Transport praised the initiative of Cyprus to expand the Mediterranean Memorandum of Cooperation on Port State Control, based in Alexandria, with an invitation to all  Mediterranean EU member states to join the Memorandum. This initiative is expected to contribute to the enhancement of maritime safety and the protection of the marine environment in the Mediterranean basin, it is noted.

The next meeting of the two sides is expected to take place in Cyprus in October on the sidelines of the Conference "Maritime Cyprus 2021" where the Egyptian Minister is expected to attend, after accepting an invitation by Dimitriades.

Source: CNA

MORE ON ECONOMY

Trade Deficit Up By €1.12 Billion In First Half Of 2022, CyStat Data Show

Trade deficit was up by €1.12 billion in the first half of 2022, data released by the ...

Cyprus Stock Exchange Market Capitalisation Of Shares Reached €1.90 Billion In July

The market capitalisation of the shares traded in Cyprus Stock Exchange reached €1.90 ...

Eurostat: Exports In Services In Cyprus Almost At Pre-Pandemic Levels In 2021

EU member states exported services worth a total of 1027 billion euro to countries ...

FROM AROUND GOLDNEWS

   

Epic Invests In Renewable Energy Sources To Battle Climate Change

Epic, as a pioneering company, is investing on green and sustainable development, aiming to the reduction of the company’s ecological footprint and ...
   

New Residence Permits Reach Pre-Pandemic Levels In Cyprus And The EU, According To Eurostat

New residence permits issued in the European Union, as well as in Cyprus, to non-EU citizens in 2021 reached pre-pandemic levels, according to data on first ...
   

US Invests $280bn In High Tech To Compete With China

US President Joe Biden has signed a law committing $280bn (£232bn) to high tech manufacturing and scientific research amid fears the country is losing ...
   

Property Values In Cyprus Continue Upward Trend In Q2 2022

KPMG in Cyprus announces that the “RICS Cyprus Property Price Index with KPMG in Cyprus” has been issued for Q2 2022.
   

Greece Exits Enhanced Surveillance Programme 12 Years After Bailout

Greece will be "turning a page in its modern history" as the European Commission confirmed on Wednesday that the country will exit its enhanced ...
   

PASCAL Schools Join Leading Education Group Globeducate

PASCAL Schools have joined Globeducate, one of the world´s leading K12 education providers, with 55+ premium bilingual and international schools, and online ...
   

Eurostat: Young Air Transport Workers Most Affected By Pandemic's Impact On Sector

The decline in passengers in air transport as a result of the COVID-19 pandemic had a pronounced effect on younger workers due to staff reductions by airlines ...
   

Cyprus One Of Few Countries That Implemented Central State Aid And De Minimis Registry

Commissioner for State Aid Control Stella Michaelidou has welcomed the fact that her Office has taken the lead at European level and has been an example for ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

bloomberg_19/7-28/9
maritime_cyprus_conference_9/8-11/10

IMH LTD