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President in Cyprus
Aochuba Yaden Cyprus (Nicosia), OcT 30 (NPN):
Published on 31 Oct. 2009 12:54 AM IST
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President Pratibha Patil,who is the first Indian head of state to visit the Mediterranean sea island , since 1984, arrived Cyprus to begin her maiden visit from October 29 to 31 where she will be holding wide range discussions of mutual interest with President of Cyprus Demetris Christofias. Later in the day, President Pratibha Patil inaugurated the Business Summit between India and Cyprus at the Cyprus Chamber of Commerce & Industry. On her first meeting with the Indian and Cyprus business community, the president commended the Cyprus Chamber of Commerce and Industry for organizing the event to strengthen India-Cyprus trade relations . She expressed confidence that Indian and Cypriot industrialists will utilize the opportunities available in Cyprus for mutual benefit. Lauding the interest shown by the Cypriot government to develop, resolve and modernize its economy to a new technological era , the President said India is ideally positioned to facilitate the Cypriot government’s pursuit to develop IT and knowledge based industries. She said India will undertake a massive infrastructure expansion investment programme worth over US $ 500 billion over the next year, opening many opportunities for global business investment in India. The president also invited Cypriot companies to participate in bids for projects in India, individually or in joint ventures with Indian firms. She also called on the meeting to focus on looking at ways to enhance and diversify the trade relations and said India will always open doors to co-operate in the initiatives that the Cypriots undertake. Besides addressing the Cyprus Chamber of Commerce & Industry, the President will also visit the ancient sites at Kourion in Limasool and also meet with Archbishop Chrysostomos II. The Indian trade delegation accompanying the President will also explore possibilities of cooperation in tourism, IT, healthcare, education and trade with their counterparts. The President arrived Cyprus from the UK, where she had attended the Queen’s baton relay marking the beginning of the formal countdown to the 2010 Commonwealth Games and also met British Prime Minister Gordon Brown.

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