BUSINESSMED represented by LECA’s President, Mr. Elie Rizk, attended the 12^th Cyprus Summit “Europe in Peril, Cyprus in Play, organized by The Economis Events, which took place in Nicosia, on November 1^st 2016.

Political and business leaders from the Mediterranean but also from the Greek Cypriot and Turkish Cypriot business communities had the opportunity to conduct a meaningful dialogue to enhance and promote collaboration through the Mediterranean region.

Energy, banking and the pivotal role that Cyprus is now playing in the eastern Mediterranean as it embarks upon new business and investment opportunities in view of its encouraging financial performance and the prospects for a Cyprus solution as significant progress has been made, were among the key issues that we covered during the Summit.

During his speech, President Rizk highlighted The Mediterranean needs for peace and stability in order to develop the economic integration of the region.

The Summit was the occasion to convey BUSINESSMED’s community views and to foster business opportunities in the Mediterranean region.