Cyprus-China intergov't meeting on economic cooperation

An intergovernmental meeting between Cyprus and China has confirmed there are possibilities for further development of cooperation in several sectors, an official statement said on Thursday.

The statement said the two countries held their seventh session of the China-Cyprus Joint Economic Committee on Wednesday with a view of further strengthening and developing their cooperation in both existing and new sectors.

It said that sectors of cooperation included energy, renewable sources of energy, agriculture, telecommunications, civil aviation and education.

It also said both sides stressed the existence of favorable conditions for increasing commercial transactions and strengthening cooperation on investment in tourism.

The meeting was jointly presided by the Permanent Secretary of Cyprus Directorate General for European Programmes, Coordination and Development, Giorgos Georghiou, and Deputy China International Trade Representative Zhang Xiangchen.

Georghiou stressed the good relations and close ties between Cyprus and China, said the statement.

On his part, Zhang confirmed the friendly ties China shared with Cyprus and stressed the existence of an excellent cooperation and support in the political sector, it said.

"The two co-presidents expressed their satisfaction with the spirit of cooperation at the meeting and stressed that the result of these contacts will contribute towards further developing and differentiating the economic and other relations between the two countries," the statement concluded. Endit