With the improving political and economic situation in Cyprus, its unique and convenient geographical location, well-developed infrastructure, and advantages in maritime taxation all determine that Cyprus will play an active role in China's "Belt and Road" initiative. Combined with China's promotion of the "Belt and Road" initiative, the next two to three years represent an excellent opportunity for Chinese enterprises, products, equipment, technologies, standards, and services to enter Cyprus, and even more so for investors immigrating to Cyprus to seek overseas business opportunities.
Recently, the Ambassador of Cyprus to China, Agis Loizou, pointed out that Cyprus is located at the intersection of Europe, Asia, and Africa and can serve as a transit hub for Chinese goods destined for Europe, the Middle East, and Africa. At the same time, Cyprus's well-developed infrastructure and advanced shipping industry will also save more time and resources for cargo transshipment. In addition, compared with other European countries, Cyprus has a lower corporate tax rate. Currently, the austerity policies insisted upon by the Cypriot government to cope with the economic crisis have begun to take effect, the economy is gradually recovering, and it is an excellent time for investment.
Agis Loizou also stated that Cyprus has a beautiful natural environment and a long history, and welcomes Chinese tourists to visit Cyprus to enjoy its unique scenery and culture.