Cyprus

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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 Typeunitary presidential representative 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 DayNational Day (Apr-01)
Economy
Ease of Doing Business Ranking54
Primary IndustriesInvestment climate,Role as a financial hub,Agriculture,Oil and gas, Role as a shipping hub,Tourism,Trade,
Major ExportsShips, boats and floating structures, Mineral fuels, mineral oils, Pharmaceutical products, Electrical machinery and equipment, Machinery, mechanical appliances, nuclear reactors, boilers, Commodities not elsewhere specified, Edible vegetables and certain roots and tubers, Articles of iron or steel, Organic chemicals
Major Exports to IndiaOrganic chemicals, Oil seeds and oleaginous fruits, miscellaneous grains, seeds and fruit, Fish and crustaceans, molluscs, Machinery, mechanical appliances, nuclear reactors, boilers, Pharmaceutical products, Articles of iron or steel, Plastics and articles thereof, Electrical machinery and equipment, Rubber and articles thereof, Cereals, Ceramic products
Major ImportsMineral fuels, mineral oils, Ships, boats and floating structures, Vehicles other than railway or tramway rolling stock, Machinery, mechanical appliances, nuclear reactors, boilers, Electrical machinery and equipment, Pharmaceutical products, Plastics and articles thereof, Iron and steel, Beverages, spirits and vinegar, Furniture, bedding, mattresses, mattress supports, cushions,
Major Imports from IndiaShips, boats and floating structures, Aluminium and articles thereof, Copper and articles thereof, Pulp of wood or of other fibrous cellulosic material, Iron and steel, Arms and ammunition, Machinery, mechanical appliances, nuclear reactors, boilers, Pharmaceutical products, Plastics and articles thereof, Articles of iron or steel, Organic chemicals
Foreign Relations
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
Bordering NationsTurkey, Greece, Syria
Member of(Commonwealth of Nations), ( Council of Europe), ( European Union), ( Union for the Mediterranean), ( United Nations)
Indian Embassy DetailsH.E. Mrs. Madhumita Hazarika Bhagat
Honourable High Commissioner
High Commission of India
No. 3, Indira Gandhi Street, Montparnasse Hill,P.O.Box 25544,Engomi-2413, Nicosia (Cyprus)
Email: hc.nicosia@mea.gov.in
Phone: 357 22-351741 / 22-351170
Embassy Details in IndiaH.E. Mr. Agis Loizou
Honourable High Commissioner
High Commission of the Republic of Cyprus
D-64, MALCHA MARG, CHANAKYAPURI NEW DELHI-110021, INDIA
Email: delhihc@mfa.gov.cy
Phone: 91 11 43586295

 

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