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PRESS RELEASE FROM THE PRESS AND INFORMATION OFFICE
Wednesday,  28 August 2002

Cyprus and Greece sign agreements

Cyprus and Greece initialled yesterday two agreements on industry and energy and signed an agreement on high technology. A memorandum of cooperation on tourism was also signed by the Cyprus Tourism Organization and the Greek Tourism Organization.

The agreements were signed by Cyprus Minister of Commerce, Industry and Tourism Nicos Rolandis and Greek Minister of Development Akis Tsohatzopoulos, while the Memorandum was signed by the chairmen of the two organizations.

Speaking to the press, Mr Rolandis described the signing of these agreements as historic and as the beginning of a new era for the further enhancement of the relations between Cyprus and Greece.

For his part, Mr Tsohatzopoulos said that the agreements aimed at the reinforcement of production and the cooperation between the two countries and also at the connection of enterprises with new technology.

The Greek Minister underlined the determination of Greece and Cyprus in the new page that turned with the perspective of Cyprus' EU accession. He added that the aim was to claim Cyprus' accession to the new environment of the European Union and the Economic Monetary Union, on equal terms.

Mr Tsohatzopoulos concluded by saying that the contribution of the two ministries to the common development course of Greece and Cyprus constituted an additional important contribution to the safeguard of the Republic of Cyprus in relation to its security, its European perspective, as well as its economic and social development.

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