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Post: Palestinian Federation of Business Associations (PFBA) Delegation Visit to Cyprus (10 & 11 October 2019)

By invitation of CTC Tel Aviv, the Chairman of the Palestinian Federation of Business Associations (PFBA) and President of the Palestinian Businessmen Association (PBA), Mr. Osama Amro, accompanied by a Delegation of leading Palestinian businesspeople, members of the Association, were hosted in Cyprus between 10-11 October 2019.

On 10 October, the delegates met with the Deputy Secretary General of the Cyprus Chamber of Commerce & Industry (CCCI), Mr. Leonidas Paschalides, with whom they had the opportunity to exchange views on economic sectors of mutual interest and to discuss commercial prospects in the Cypriot market. The two organisations also assessed specific actions for strengthening bilateral economic cooperation.

Subsequently, as facilitated by the Department of Services & Trade of CCCI, the delegates followed an intense programme of B2B meetings with the participation of 15 Cypriot companies. The participants represented a variety of sectors and interests, including and not limited to; construction, renewable energy, engineering advisory and architectural services, ICT and outsourcing services, industrial equipment trading, FMCG trading, financial and legal services, media as well as investments in the areas of hospitality and real estate.

In the evening, the delegates were welcomed to a business dinner, hosted by the Head of CTC Tel Aviv, Mr. Sofronis Papageorgiou, in the presence of the Palestinian Ambassador to Cyprus, H.E. Mr. Jubran Taweel and high-ranked officials from the Cyprus Ministry of Foreign Affairs, the Ministry of Energy, Commerce & Industry and CCCI.

On 11 October, the delegates joined a breakfast meeting with the Permanent Secretary of the Ministry of Energy, Commerce & Industry, Dr. Stelios Himonas.

During the meeting, a constructive exchange of views was held with an aim to identify priority areas on which joint initiatives may be planned and rolled out, ultimately delivering mutual economic benefit to our respective business communities. Moreover, the Permanent Secretary elaborated on the government’s policies in what concerns supporting and encouraging international companies and investors to establish presence and operations in Cyprus and briefed on the role of the Ministry of Energy, Commerce & Industry in promoting and facilitating such commercial endeavours.