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ARTICLE · 10 JUNE 2005

Shipping In The European Era

Elias Neocleous & Co LLC
Elias Neocleous & Co LLC
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Elias Neocleous & Co LLC

Elias Neocleous & Co LLC

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Cyprus is a well established shipping centre in a strategic geographical location at the crossroads of prosperous financial regions of three continents and next to the Suez Canal.

CyprusTransport
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Cyprus is a well established shipping centre in a strategic geographical location at the crossroads of prosperous financial regions of three continents and next to the Suez Canal. The independence of Cyprus in 1960 heralded a new era of prosperity which saw an upsurge in the island’s economy and the modernization of its infrastructure.

The role of the island as an international business, financial and shipping centre has evolved considerably, stimulated by increased trade, a growth in offshore activities and the aggressive expansion of the Cypriot economy.

Cyprus is nowadays considered as one of the most favourable jurisdictions in the European Union and the whole world in which to do business.

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