Cyprus has signed an agreement for cooperation on Science and Technology with the State University of New York at Albany, on Monday 21 October, at an official ceremony on University campus.

The Cyprus Minister of Commerce, Industry and Tourism Mr. Nicos Rolandis, who signed the agreement, on behalf of the Republic of Cyprus, with the President of Albany University Ms. Karen Hitchcock, said it was a “historic day” for Cyprus as it created “bridges of communication” with the most technologically-advanced country in the world and one of the most distinguished universities in the world in the field of technology. He also said that the agreement was part of the Government’s efforts to promote high technology in Cyprus.

On her turn, the President of the institution, Ms. Hitchcock, said she was pleased with the signing of the agreement, noting that the University was committed to cooperating with the Republic of Cyprus in the field of technology and that it would promote that cooperation in the best possible way.

The agreement provides for, inter alia, the establishment of closer links with Cypriot institutions of higher education for the promotion of high technology in Cyprus, the identification of scholars that may be interested in research on high-tech issues in Cyprus and assistance in identifying inventors that may be interested in incubating their ideas in Cyprus.

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