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PRESS RELEASE FROM THE PRESS AND INFORMATION OFFICE
23 September,  2002
   (translation)

Minister of Commerce, Industry and Tourism Mr. Nicos A. Rolandis discusses
Cyprus - US cooperation with the US Ambassador to Cyprus Mr. Michael Klosson

Minister of Commerce, Industry and Tourism Mr. Nicos Rolandis met today with US Ambassador to Cyprus Mr. Michael Klosson, with whom he exchanged views on Cyprus-US cooperation in the fields of technology, trade and tourism.

Speaking after the meeting, Minister Rolandis said trade between the two countries was "at quite a high level, reaching about 400 million dollars per annum", most of it in the form of exports from the US to Cyprus.  He also referred to the sale of "halloumi" in the American market which shows an increasing trend.


With regards to tourism, Minister Rolandis said that he briefed the American Ambassador about our efforts to attract tourists from USA and he exchanged views with the Ambassador on  the prospect of a flight connection between Cyprus and USA (through Beirut).

The third issue we discussed,  Mr.Rolandis stated, was the promotion of high tech industries in Cyprus through the institution of business incubators for which we are in contact with Academic Institutions in USA and on 21 October he will sign the first agreement for cooperation in the field of technology with an american university.

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