Cyprus’ shipping industry, one of the most dynamic and internationalized sectors of the national economy, which has strengthened the economy in multiple ways for decades, maintains positive prospects despite various challenges, stated the new Director of the Cyprus Shipping Chamber (CSC), Mr. Alexandros Iosifidis, in an interview with “Entrepreneurial Limassol”.
He emphasized that the sector contributes significantly to the country’s economy by creating thousands of high-level jobs and establishing Cyprus and Limassol as reliable and attractive maritime destinations. He further highlighted that maintaining and enhancing the competitive tax system, combined with a flexible regulatory framework, is of vital importance. “It is a key factor not only for retaining existing…