In the context of the 4th Trilateral Summit between Cyprus-Greece-Israel, held in Nicosia on 8 May 2018, the Presidents of the Cyprus Chamber of Commerce & Industry, the Union of Hellenic Chambers of Commerce & Industry and the Federation of Israeli Chambers of Commerce have signed a Memorandum of Understanding (MoU) on cooperation in promoting economic and business relations between the three countries.

The respective Chambers have agreed to join efforts in boosting cooperation and in providing access to commercial opportunities in the areas of energy, trade, investments, research and innovation.

This is a very important development, stemming from the initiative and a related proposal of the Cyprus Trade Center (CTC) Tel Aviv. We would like to express our gratitude to all Parties involved, for heartily embracing the concept of forming a trilateral framework of cooperation between the 3 Chambers, and jointly -and in a timely manner- laying a solid foundation for future cooperation.