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Annita Demetriou addresses the 37th General Assembly of the Cyprus Shipping Chamber

On Wednesday, President of the House of Representatives Annita Demetriou addressed the 37th General Assembly of the Cyprus Shipping Chamber in Limassol. She emphasized the strategic importance of the shipping sector for the national economy and international standing of Cyprus. Demetriou highlighted that in a period of geopolitical instability and fragmented global trade routes, maintaining a stable and competitive maritime framework is a priority. The House of Representatives expressed its commitment to fostering cooperation between the state, legislative bodies, and the industry to ensure long-term growth. She identified the shipping sector as a successful example of what can be achieved through consistent policy, professional collaboration, and appropriate tax incentives. Furthermore, she criticized political toxicity and populism as threats to economic stability. The speech concluded with an appeal for serious dialogue, consensus, and methodical work to preserve the tax system and national economic security.

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