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President Emphasizes Commitment to Strengthening Cyprus' Deterrent Power

Published February 16, 2026, 09:24
President Emphasizes Commitment to Strengthening Cyprus' Deterrent Power

The President of the Republic, Nikos Christodoulides, met with members of the Cyprus Defense Industry Council to assess the progress made towards the goals set a year ago. The President expressed his confidence in the potential of the Cypriot defense industry, highlighting the prospect of SAFE and the 15% clause in equipment purchases. He also mentioned his planned presence in Athens to support companies in the sector. Mr. Christodoulides stressed the importance of strengthening the extroversion of Cypriot companies and creating a registry of them. He considered it feasible for the defense industry to make a significant contribution to the country's GDP in the coming years, characterizing it as a promising sector of the economy. The meeting aimed to review achievements, challenges, and improvements needed for further development of the sector. The President requested specific data on the progress made and the next steps to be taken. Overall, the meeting underscored the government's commitment to strengthening the country's deterrent power and leveraging the potential of the Cypriot defense industry for economic development and national security.

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