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    Home»World»$150M India-Cyprus Trade: Diplomacy to Deals Explored

    $150M India-Cyprus Trade: Diplomacy to Deals Explored

    World January 12, 20262 Mins Read
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    0M India-Cyprus Trade: Diplomacy to Deals Explored
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    Bilateral trade between India and Cyprus has soared to $150 million, fueled by enduring diplomatic rapport and strategic visits. As two Commonwealth pillars, their alliance spans politics, commerce, and heritage.

    Cyprus emerged from British rule in 1960, cementing ties with India two years later. This 9,251 sq km island, third-largest in the Mediterranean, links Europe, the Middle East, and Africa, sustaining 1.27 million residents by 2025. The 1974 Turkish incursion led to its split, with only Turkey acknowledging the north, but India remains a vocal advocate for unity.

    PM Modi’s 2025 visit—the first Indian PM trip in 23 years—earned him the Grand Cross of Makarios III. Mutual solidarity shines: Cyprus aligns with India on terror and J&K, reciprocated by India’s backing of Cypriot integrity. India’s High Commission thrives in Nicosia; Cyprus operates from New Delhi.

    Commerce tells a vibrant story. Imports from Cyprus include pharma products, beverages, machinery, ceramics, chemicals, and electricals. Exports to Cyprus feature drugs, clothing, steel, tiles, chemicals, farm goods like rice, oilseeds, tea, spices, plus medical tools, garments, engineering wares, auto parts, IT, and software.

    A game-changing 2025 UPI agreement heralds digital integration. Indian cultural exports like yoga and Ayurveda are blossoming in Cyprus, complementing a niche diaspora.

    This trajectory points to amplified cooperation, leveraging Cyprus’s hub status for India’s global outreach and mutual prosperity.

    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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