Cyprus–Indonesia relations

Cypriot–Indonesian relations

Cyprus	Indonesia

Cyprus–Indonesia relations refer to foreign relations between the Republic of Cyprus and the Republic of Indonesia since 1987. Both nations are members of the World Trade Organization and the United Nations.

History

On 4 December 1987, Cyprus and Indonesia agreed to establish diplomatic ties at an ambassadorial level which came into effect on 15 December of that year, and they have had friendly and close bilateral relations ever since. But even before formal bilateral connections were established, the two nations had a lengthy history together that dates back to the Non-Aligned Movement's inception. In 1955, Archbishop Makarios attended the first Non-Aligned Movement meeting in Bandung. He would go on to become the first President of Cyprus. Cyprus was one of the twenty-five attendees of the Belgrade summit in 1961, where the Movement was formally founded.

As an attempt to strengthen ties, Cyprus established an embassy in Jakarta in 2010. However, the 2013 European Debt Crisis forced the closure of the embassy. Cyprus' diplomatic relations were managed by the Cyprus High Commission in Canberra, Australia, until October 2023.

In an effort to promote more bilateral collaboration between the two nations, Indonesian Foreign Minister Retno Marsudi and her colleague from Cyprus, Ioannis Kasoulides, held bilateral discussions on 19 September 2017. She said there is still a lot of opportunity for the two nations to improve their bilateral ties. Marsudi extended an invitation to businesspeople in Cyprus to participate in Trade Expo Indonesia, set for October 2017 in Jakarta. In response, Indonesia's proposal for a non-permanent membership in the UN Security Council was enthusiastically supported by the foreign minister of Cyprus, who also commended Indonesia for its diplomatic efforts to advance regional and international peace and security.

The Virtual Diplomatic Celebration of the 75th Anniversary of Indonesia's Independence Day and the Bilateral Relations between Indonesia and Cyprus was held on 21 October 2020 by the Indonesian Embassy in Rome.

On 23 October 2023, Mr. Nikos Panayiotou, the newly appointed ambassador of Cyprus to Indonesia, gave President Joko Widodo his credentials at a ceremony conducted at Jakarta's Merdeka Palace. He mentioned the reopening of the Cypriot embassy, stating that it is a concrete indication of the significance that Cyprus places on its relations with Indonesia.

Trade

The value of the bilateral trade fell from $51.95 million in 2020 to $28.08 million in 2021. Following a 22.47% rise from 2017 to 2021, there was a drop.

Cyprus's investment realization is currently not noteworthy. The investment value reached its greatest point in the previous five years in 2017 at $6.6 million. The lowest investment value was reported at $254,000 in 2021; however, it has been increasing as high as $1.2 million in the first seven months of 2022. Fishing, mining, lodging and dining, and other services are among the industries that get investments from Cyprus.

Diplomatic missions

• In a desire to increase its diplomatic standing overseas, Cyprus reopened its embassy in Jakarta in October 2023.
• Indonesia is represented in Cyprus through its embassy in Rome, Italy.

See also

• Foreign relations of Cyprus
• Foreign relations of Indonesia
• Greece–Indonesia relations
• Indonesia–Turkey relations