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India welcomes Cyprus support for NSG bid

India welcomes Cyprus support for NSG bid

Anastasiades briefed Modi about the plan for developing the hi-tech sector in Cyprus as the third pillar of its economy.

He said India values its longstanding and close friendship with Cyprus. India is also thankful for the efforts of Cyprus in support of her entry, as a member, into the Nuclear Suppliers' Group.

"Prime Minister Modi suggested that the revision of the agreement could be utilised to increase investments between the two countries, especially in Indian flagship programmes like Make in India and various Cyprus investment projects", said the joint statement after the meeting. A fourth agreement was signed to boost air services between the two countries. In this respect, the protocol on Air Services Agreement to be signed on Friday in New Delhi can pave the way for establishing direct connectivity between our two countries; thus increasing the so far very modest number of tourism exchanges if one considers the potential that this sector holds.

Later, Anastasiades met with Indian businessmen of the film industry in Mumbai. Throughout your country's struggle against colonialism, India was happy to offer her wholehearted and substantive support. India appreciates the consistent support of Cyprus for her legitimate claim to permanent membership of a reformed UN Security Council.

"The lovely landscapes of Cyprus and the wide horizons of "Incredible India" can be a source of tourism promotion in both our countries".

Mukherjee stressed there is an urgent need to strengthen the global counter-terrorism legal framework to combat the scourge of worldwide terrorism.

Given its location, Cyprus appreciated the threat that terrorism poses to the global peace and stability.

On his part, Anastasiades said that he and Modi also discussed relations between India and the European Union (EU) and expressed support for an India-EU free trade agreement.

The Cypriot President said both Cyprus and India have agreed to cooperate in areas like climate change, environment and worldwide terrorism.

Earlier in the day, the Cypriot President was given a ceremonial guard of honour in the forecourt of Rashtrapati Bhavan.

Earlier, External Affairs Minister Sushma Swaraj called on the Cypriot President and discussed areas of bilateral cooperation.

Anastasiades conferred Cyprus's highest civilian honour, the Grand Collar of the Order of Makarios III, on President Pranab Mukherjee on Friday evening when the latter hosted a banquet in his honour.

Seeking investments in India, Meghwal said rating agencies post demonetisation have predicted that India's GDP could cross double digits by 2020.

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