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    Home»World»PM Modi Boosts India-Cyprus Relations with $150M Trade
    World

    PM Modi Boosts India-Cyprus Relations with $150M Trade

    News Analysis IndiaBy News Analysis IndiaJanuary 12, 20262 Mins Read
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    PM Modi Boosts India-Cyprus Relations with 0M Trade
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    In a historic move, India and Cyprus have elevated their partnership, with trade volumes reaching $150 million amid Prime Minister Modi’s high-profile visit. This reflects a shared commitment to growth across diplomatic, economic, and cultural fronts.

    From the sands of independence in 1960 to formal diplomatic links in 1962, Cyprus and India have stood as Commonwealth allies. The island’s geopolitical significance—as the Mediterranean’s third-largest after Sicily and Sardinia—positions it ideally between continents. Home to 1.27 million people across 9,251 square kilometers, Cyprus faces ongoing challenges from its 1974 partition, yet finds steadfast support from India.

    Modi’s 2025 trip, the first in over two decades by an Indian leader, was capped with the prestigious Grand Cross award. Cyprus echoes India’s stance against terrorism and on Kashmir, while India champions its sovereignty against northern encroachments.

    Economic exchanges are diverse and dynamic. Cyprus supplies India with drugs, drinks, machines, manufactured goods, ceramics, chemicals, and electronics. India reciprocates with medicines, apparel, steel, tiles, agro-products including rice and spices, medical gear, ready-mades, engineering items, auto components, and top-tier IT solutions.

    The UPI rollout via a 2025 pact promises frictionless transactions, enhancing business flows. Cultural fascination grows, with yoga and Ayurveda gaining traction among Cypriots, despite a modest Indian community.

    Looking ahead, this alliance promises innovation in fintech, health, and trade, fortifying bilateral resilience in a complex global landscape.

    Bilateral Relations Commonwealth Nations India Cyprus Trade Mediterranean Diplomacy Pharma Exports PM Modi Cyprus Visit UPI in Cyprus Yoga Ayurveda Cyprus
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