Insider Business Shipping Deputy Minister says companies show increased interest in Cyprus after Brexit

Shipping Deputy Minister says companies show increased interest in Cyprus after Brexit

Shipping Deputy Minister, Natasa Pilides said that there is increased interest by shipping companies to set a base in Cyprus after Brexit, in order to maintain the EU status and for easier trading with the EU market.

Speaking at the 9th Nicosia Economic Congress, Pilides said that Cyprus could provide these companies with stability and security and expressed optimism that the country would hopefully increase the ships registered under Cyprus flag.

Pilides also said that her deputy ministry aims at strengthening international relations, enhancing maritime safety and environmental protection and developing a blue growth strategy by offering opportunity for blue careers. She added that Cyprus was also aspiring to upgrade services provided in the industry with digitalization and automatization and to embrace innovation and research.

Referring to further actions, to safeguard competitiveness, she referred to a strategy for a smooth and successful prolongation of the Cyprus tonnage tax system, rationalization of merchant shipping fees and taxes, revising government policy on registration of ships under the Cyprus flag, reduction of bureaucracy and the creation of one stop service.

(Cyprus News Agency)

Top Stories

One death from covid announced on Sunday, 303 new cases

Health authorities in Cyprus on Sunday announced one death from covid-19 and 303 new cases out of a total of 46,544 tests. The PCR and...

Cyprus eighth from bottom in EU as far as women holding a parliamentary seat goes

Cyprus ranked eighth from the bottom in the EU with just 22% of women holding a seat in parliament in 2020, according to data...

Safeguarding public health top priority, says Cyprus President

One year after the outbreak of the coronavirus pandemic and Cyprus President Nicos Anastasiades on Sunday sent the message that top priority for his...

Police issue 214 fines in 24 hours for breach of covid measures

Police in Cyprus booked 213 citizens and a coffee-shop owner over the past 24 hours for breach of measures aiming to curb the spread...

Headmaster Lambon: The English School still a leader in education (PHOTOS)

The English School has always been an innovator with a reputation as a leader in education but the coronavirus pandemic has proved it is...

Taste

Squash soup

Ingredients: 1 kg pumpkin, cut into small cubes, approximately 5 cups 2 medium (400g) sweet potatoes, cut into cubes, approximately 2 ½ cups 1 chopped leek, only...

Mezedes

No visit to Cyprus is complete without enjoying the traditional meal of many small dishes known as ‘meze’. This large feast, which has been a...

Prawns with fried cheese, barley shaped pasta

Put the barley shaped pasta into a small pan with salted water, bring to a boil and when tender, drain. Peal the prawns leaving...

Salmon and shrimp sheftalies

Mix all ingredients for tabbouli in a bowl and keep to one side so flavours can combine. Prepare the sheftalies: wash and soak the casing...