President Nikos Christodoulides has not ruled out “important developments” towards the resumption of UN-led talks for a Cyprus settlement during the UN general assembly and his “full week, with the Cyprus problem dominating meetings”.
Speaking at a meeting on Sunday evening in New York with members of the Federation of Cypriot American Organisations, Christodoulides said that soon there would be “very important announcements” about new investments by large American companies.
Christodoulides said that, although there was a feeling in Cyprus that there would not be much to show for this “full week”, on Friday evening he would be making an assessment of what had been achieved.
In the past three and a half years there have been results in foreign policy and Cyprus has become known again in the US for positive reasons, particularly by the country’s initiatives in the region, its EU presidency in the first half of 2026 and its economy’s category A rating by Standard & Poor’s for the first time since 2011, Christodoulides pointed out.
“In a period with two wars, the Cypriot economy is growing, we received a public debt of approximately 80 per cent of GDP, today it is at 48 per cent of GDP with a downward trend. We will reduce the public debt further. We have public surpluses. As for unemployment, we have been in full employment conditions since 2008, unemployment is approximately 3.6 per cent to 3.7 per cent,” he said.
Christodoulides said he visited the US in 2025 to increase American investments in Cyprus, and that he would be back in the US at the end of November to participate in a Financial Times conference in New York on Cyprus and hold meetings in other states with companies interested in investing in Cyprus.
“In the immediate future, there will be some very important announcements about new investments from American giants,” he added.
He also referred to immigration, saying “we are a model country with a reduction in arrivals of over 90 per cent and an increase in returns of over 85 per cent.”
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