Cyprus

Latest News

About Cyprus

Cyprus is also known as the Republic of Cyprus is an island nation in the Mediterranean Sea just off the coast of Turkey. The country though close to Asia is a European Country and part of the European Union. Cyprus was earlier controlled by the United Kingdom but has border rows with Turkey.

The country’s economy is predominantly tourism. However, due to its free trade economy and tax haven policies, it is also a spot for wealthy Europeans to park their money. Shipping also plays an important part in the economy.

Country Facts

 

Basic Details
RegionWestern Europe
Capital CityNicosia
Government TypePresidential Republic
Official LanguagesGreek, Turkish
CurrencyEuropean euro, EUR
Phone Code +357
Important CitiesAchna, Agia Marina, Agia Marinouda, Agia Trias, Agia Varvara, Agioi Trimithias, Agios Sozomenos, Aglandjia, Agros, Akaki, Akanthou, Akrotiri, Amargeti, Amathous, Anarita, Apostolos Andreas, Argaki, Arminou, Athienou
National DayIndependence Day ( 1st Oct )
Economy
GDP (nominal)USD 32.032 Billion
Ease of Doing Business Ranking54
Primary IndustriesInvestment climate,Role as a financial hub,Agriculture,Oil and gas, Role as a shipping hub,Tourism,Trade,
Foreign Relations
Bordering NationsTurkey, Greece, Syria
Member of(Commonwealth of Nations), ( Council of Europe), ( European Union), ( Union for the Mediterranean), ( United Nations)
Major ExportsMarine Vessels, Mining, Metals & Minerals, Pharmaceutical Products, Dairy, Eggs, Honey, & Edible Products, Electrical Products, Cosmetics and Accessories, Machinery & Appliances, Other Products, Aviation Vehicles, Vegetables and Related Products, Food & Beverages, Spirits & Vinegar, Fisheries, Sea Food & Crustaceans, Agriculture & Farming Products and Solutions, Plastics and Products, Gems & Jewellery, Instruments & Optical Solutions, Chemical Products
Major ImportsMining, Metals & Minerals, Marine Vessels, Electrical Products, Automobiles, Vehicles & Components, Machinery & Appliances, Pharmaceutical Products, Plastics and Products, Household Items & Products, Food & Beverages, Spirits & Vinegar, Cereals & Pulses, Cosmetics and Accessories, Instruments & Optical Solutions, Fashion and Apparel, Books and Papers, Chemical Products
Total Exports ValueUSD 4.411 Billion
Total Imports ValueUSD 11.889 Billion
Foreign Trade BalanceUSD 7.478 Billion (Deficit)
Foreign Relations with India
Flags
Maps
Trade Agreements with IndiaBilateral trade between India and Cyprus has increased over the recent years. In the year 2018, imports from Cyprus to India were approximately 60 mln Euro
Major Exports to IndiaMarine Vessels, Mining, Metals & Minerals, Wood and Pulp, Machinery & Appliances, Arms and Ammunitions, Electrical Products, Chemical Products, Plastics and Products, Food & Beverages, Spirits & Vinegar, Live Animals and Animal Products, Instruments & Optical Solutions, Household Items & Products, Books and Papers, Fashion and Apparel, Cosmetics and Accessories
Major Imports from IndiaChemical Products, Pharmaceutical Products, Electrical Products, Mining, Metals & Minerals, Fisheries, Sea Food & Crustaceans, Ceramic Products, Rubber and Products, Machinery & Appliances, Fashion and Apparel, Plastics and Products, Edible Oils & Seeds, Cereals & Pulses, Books and Papers, Gems & Jewellery, Food & Beverages, Spirits & Vinegar, Glass and glassware, Silk & Textiles
India's Imports ValueUSD 116.17 Million
India's Exports ValueUSD 81.88 Million
Trade Balance with IndiaUSD 34.29 Million (Excess)
Indian Embassy Details for CyprusHigh Commission of India
H.E. Mrs. Madhumita Hazarika Bhagat
Honourable High Commissioner
No. 3, Indira Gandhi Street, Montparnasse Hill,P.O.Box 25544,Engomi-2413, Nicosia (Cyprus)
357 22-351741 / 22-351170
hc.nicosia@mea.gov.in
https://hci.gov.in/nicosia/


Embassy Details of Cyprus in IndiaHigh Commission of the Republic of Cyprus
H.E. Mr. Evagoras Vryonides
High Commissioner
D-64,Malcha Marg,New Delhi-110021
delhihc@mfa.gov.cy
+91-11-43586295 (O)


Honorary Consulate of Cyprus in Kolkata
H.E. Mr. Anil Jhunjhunwala
Honorary Consul
J.J. Automotive Ltd. 3C Park Plaza 71 Park Street Kolkata-700 016
jjanil2@yahoo.com
+91-33-2229 1083/6000 (O)


Honorary Consulate of Cyprus in Mumbai
H.E. Mr. Rana Kapoor
Honorary Consul
Forbes Building, 2nd Floor Charanjit Rai Marg Fort Mumbai-400 001
NA@NA.NA
+91-22-2203 6622/2207 8842 (O)