The Cyprus-Russian Business Association was established in 1996 under the auspices of the Cyprus Chamber of Commerce and Industry and the Russian Embassy in Nicosia, Cyprus.

Its aim is the strengthening of the relations with the Russian market and the promotion of Cyprus as an International Business Centre and the attraction of foreign investments.

At times of rapid changes and great challenges courage and innovation are fundamental. The search for opening new horizons, through the course of a proper strategy, becomes the ingredient for development and progress.

Since 1996 we continue the enhancement of our business relationships with the Russian market, incorporating in our program the exploration of new business opportunities for our two countries.

The Russian market is very attractive for the economy of Cyprus. Through various activities such as the international business industry and investment in Russia through Cyprus, the Cyprus economy benefits with the injection of new capital and the creation of new jobs.

In addition, our Association has developed a multi-level activity. From the solution of practical issues faced by the business community of Russians living in Cyprus to our continuous cooperation with the Cyprus-Russian Friendship Association for cultural and other activities.

The efforts which are required by our Association for facing the new challenges will be continuous and far reaching.

Evgenios C. Evgeniou
President