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The drop was attributed to the negative climate in the region because of conflict and threats of terrorist attacks and to the further slowdown in rates of growth in Cyprus' main markets.
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In recent years, Israel has become one of the major trading partners of Cyprus. The volume of trade between the two countries has increased considerably and there is strong potential for further increase in the coming years...
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The volume of trade between the two countries has increased considerably and there is strong potential for further increase in the coming years.
Total imports from Israel for 2003 were CYP 87,597,000 making Israel the 10th biggest exporter to Cyprus overtaking countries like the Netherlands, Sweden, Belgium & the Russian Federation...
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