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Cyprus Strengthens Global Maritime Footprint Amid Strategic EU Council Presidency

by THEFUTURE.TEAM

January 23, 2026

Pressing Maritime Initiatives In London

Cyprus’ Shipping Deputy Minister Marina Hadjimanolis recently attended critical meetings in London, reinforcing the nation’s role at the International Maritime Organisation (IMO) and setting the stage for its EU Council presidency. Speaking on LGR 103.3 FM Greek Radio London, she recalled her student years in the United Kingdom—a time when Greek radio provided a heartfelt reminder of home.

Strengthening Bilateral Ties And Addressing Global Shipping Challenges

During her visit, the Deputy Minister engaged in a high-level bilateral meeting with UK counterpart Keir Mather. The dialogue focused on enhancing Cyprus-UK relations amid prevailing global shipping challenges, while also briefing on the strategic priorities of Cyprus’ upcoming EU Council presidency. Additionally, in discussions with IMO Secretary-General Arsenio Dominguez, plans were outlined to coordinate maritime initiatives aligned with Cyprus’s term, signaling the nation’s readiness to influence the future direction of global shipping.

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Economic Significance And The Cultural Bridge

Hadjimanolis emphasized that shipping, which contributes more than 7% to Cyprus’ GDP—roughly €2.5 billion—is not only an economic pillar but also a vital cultural bridge. She underscored the role of the Cypriot and Greek diaspora as ambassadors who amplify Cyprus’ message on the international stage. Her narrative was both personal and poignant, interweaving memories of her displaced roots with her lifelong commitment to public service and social progress.

Advancing Digitalisation And Global Competitiveness

Under her leadership, the Deputy Ministry has embarked on a major digitalisation program aimed at streamlining administrative processes for ship operators. This initiative, which will enable electronic certification and more efficient crew management, is expected to be fully operational by the end of 2026. Concurrently, Cyprus continues to prioritize competitiveness in a global market where even minimal disruptions can have extensive ripple effects.

Evolving Maritime Education And Promoting Gender Equality

The recently concluded Maritime Cyprus 2025 conference marked a milestone, attracting over 1,000 delegates from more than 35 countries and featuring high-level participation from EU Commissioners and international shipping ministers. The event underscored new collaborative opportunities, particularly with Gulf nations, and reaffirmed government commitment to an evolving maritime industry.

Addressing gender imbalances in a traditionally male-dominated field, Hadjimanolis detailed ongoing initiatives such as the annual Gender Equality Award and educational outreach programs designed to attract more women to maritime careers. These measures, alongside strategic partnerships with educational institutions, aim to secure a future of innovative and inclusive maritime operations.

A Strategic Vision For The Future

Looking ahead, Cyprus plans to make shipping a central pillar of its EU Council presidency. Future frameworks, including the anticipated Nicosia Declaration, will focus on modernising maritime education, retraining seafarers, and bolstering women’s participation. The government’s strategic roadmap also includes forging closer ties with Gulf countries and India, further solidifying Cyprus’s prominent place on the world maritime map.

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Nearly 80% Of Cyprus’ Foreign Investment Came From Outside EU In 2025

by THEFUTURE.TEAM

November 11, 2026

Cyprus had the highest share of foreign direct investment (FDI) originating outside the European Union among 14 EU member states reporting data for 2025. According to Eurostat, non-EU economies accounted for 79.4% of the island’s inward FDI, highlighting its distinct position among the reporting countries.

The figures contrast with most other EU economies, where investment from within the bloc remains the main source of foreign capital.

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Cyprus Leads In Non-EU Investment Share

Eurostat measures inward FDI positions by the ultimate investing economy, identifying the economy where the investment ultimately originates rather than only the country through which it is channelled. This distinction is important when investments involve subsidiaries or intermediary holding companies.

In nine of the 14 reporting countries, most foreign investment came from within the EU. The Czech Republic recorded the highest intra-EU share, at 75.1%, followed by Romania at 73.3% and Estonia at 64.8%.

Cyprus was among five countries where non-EU economies accounted for more than half of inward FDI. Spain, Sweden, Greece and Denmark also recorded shares above 50%, ranging from 51% to 55.1%.

US Is The Largest Source Of FDI Across Reporting Countries

Across the 14 countries collectively, the United States was the largest ultimate source of foreign direct investment, accounting for 15.4% of the total.

Germany ranked second at 11.5%, followed by France at 9.4%, the United Kingdom at 9.3% and Switzerland at 5.8%.

These figures reflect the combined investment positions of the reporting countries and do not identify Cyprus’s leading individual investment sources. However, the country-level data underline the island’s strong reliance on capital originating outside the European Union.