Cyprus and Greece strengthen bilateral trade relations

On Monday, September 14, 2026, the Cypriot Minister of Energy, Commerce and Industry, Michalis Damianos, met in Nicosia with the Greek Deputy Minister of Foreign Affairs, Harry Theoharis, to discuss deepening economic ties. The talks focused on enhancing collaboration between businesses from both nations, building upon existing initiatives such as trade missions and professional exhibitions. Both parties also addressed common European Union trade policies and regional economic cooperation strategies.

Preliminary data indicates that total trade in goods between Cyprus and Greece reached €3.3 billion in 2025. According to the Ministry of Energy, Greece currently stands as Cyprus's primary partner for product imports and serves as the sixth-largest market for its domestic exports. The meeting served as a continuation of efforts to leverage these strong historical and economic links to foster further trade in both physical goods and services.