Philenews

CIBA Joins European Confederation of International Trading Houses Associations

Published March 10, 2026, 14:12
CIBA Joins European Confederation of International Trading Houses Associations

The Cyprus International Business Association (CIBA) has joined the European Confederation of International Trading Houses Associations (CITHA), marking a significant development in strengthening Cyprus's presence in the European international trade network. This membership is expected to create new opportunities for Cypriot businesses operating internationally, promoting collaboration, knowledge exchange, and participation in European initiatives. The Presidents of CITHA and CIBA, Jan Krückemeyer and Vasilis Dimitriades respectively, emphasized their commitment to strengthening international trade cooperation in Europe and supporting businesses operating in global markets. Strengthening cooperation between European trade associations and businesses is considered crucial for enhancing Europe's competitiveness and strengthening its position in the global trading system. For the Cypriot business community, CIBA's participation in CITHA opens new avenues for cooperation, knowledge exchange, and participation in European initiatives that enhance the resilience and competitiveness of international trade. Cyprus, with its strategic geographical location, is expected to strengthen its role as a bridge between Europe, the Middle East, and other international markets. CIBA, representing internationally active businesses in Cyprus, aims to promote international entrepreneurship and enhance the competitiveness of businesses. CITHA, for its part, represents associations of international trading houses and businesses, promoting cooperation and supporting a strong European international trade ecosystem.