Cyprus and US sign agreement on technological and scientific cooperation

A memorandum of understanding for cooperation in the fields of science and technology was signed on Tuesday between Foreign Minister Nicos Christodoulides and US Undersecretary for Economic Development, Energy and Environment Keith Krach.

“Cyprus and the US share a long relationship based on shared values and deep historical roots. In fact, the relationship between our two countries has never been better,” deputy minister for research and innovation Kyriacos Kokkinos said after the meeting.

“We see great potential and we truly believe that the time has come to inject new momentum and build an even more substantive relationship, widening our existing cooperation and developing synergies both at bilateral and at EU level.”

Kokkinos added that science and technology are essential tools for rapid and sustainable economic development, particularly during the ongoing coronavirus pandemic.

“Covid-19 is challenging the efficiency of our economies as well as the performance of our healthcare and welfare systems. It has now become more obvious than ever that we must improve both our capacity to respond to such crises and our resilience to absorb future shocks by investing in innovative scientific research and the endless possibilities offered by cutting-edge technologies,” Kokkinos said.

“Being key partners in science and technology, in particular when it comes to addressing global challenges, Cyprus and the US are deeply interconnected and have a lot to offer each other, one country as a world leader in innovation and the other as a rapidly emerging regional business hub in the critical region of the Eastern Mediterranean.”