The AGM was very well attended and featured a packed programme that included addresses by Mr. Manthos Mavromatis Ex-President of the CCCI, Dr. Rita Severis Consul of Canada in Cyprus and H.E. Mr. Robert Peck, High Commissioner for Canada (Athens).
Mr. Michalis Antoniades of KPMG was appointed the new President of the Cyprus Canada Business Association and the meeting was adjourned with an open discussion chaired by Mr. Emmanuel Skoulas, Commercial Counsellor & Senior Trade Commissioner (Athens).
A light lunch reception ended the proceedings, held in the lobby of the CCCI and offered by the High Commission
Meeting with the Minister
Representatives of the Cyprus Canada Business Association met with the Minister of Commerce, Industry and Toursim, Mrs. Praxoulla Antoniadou to discuss prospects for cooperation between Cyprus and Canada in the gas sector with particular emphasis on the short to medium term benefits of CNG options.
Learning the Value of Gold
The Cyprus Chamber of Commerce & Industry, the Cyprus Canada Business Association and the Bullion Management Group Inc. from Canada organized a lecture entitled “Learning the Value of Gold” in Nicosia.
We are nowadays in the midst of an irreversible monetary crisis and precious metals bullion ownership, a rising trend, appears to be one of the best means of protection. In truth, currencies around the world are losing purchasing power against gold as countries are locked in a “race to debase” through currency printing. This is the first time in recorded history that none of the world’s major currencies has gold backing.
In view of these developments, the presentation explored:
- Why precious metals have resumed their historical role as real money
- Why the dollar is shrinking
- Why investors are demanding real money
- Why central banks and major investors are diversifying into gold
- Why thinking of gold as a commodity is a mistake
- How to use gold and other precious metals as portfolio protection
The topic was presented by Mr. Paul de Sousa, Vice-President of Business Development at Bullion Management Group Inc.
Natural Gas in Cyprus – Myth or Reality?
The issue of natural gas as well as the alternative methods of its delivery, constituted the subject of the lecture organized by the Cyprus Canada Business Association on 9 May 2011 at Famagusta Gate in Nicosia entitled “Natural Gas in Cyprus – Myth or Reality?”
Many interested parties from both the private and the public sector and the Cyprus business community participated in the event as well as a number of foreign Ambassadors and representatives of diplomatic missions in Cyprus. Speaker at the event was Mr. Adam Hedayat of the Sea NG Corporation who deals with the transportation of compressed natural gas that
In his presentation, Mr. Hedayat referred to information on the costs relevant to the transportation of the compressed gas as well as to the uses of the more environment friendly gas. is turned into fuel by specific methods.
The Cyprus Canada Business Association functions under the auspices of the Cyprus Chamber of Commerce & Industry and are planning various events amongst their activities aimed at bringing the business communities of the two countries closer to each other.
The Association was officially founded on 21 January 2011 at an assembly held at the Cyprus Chamber of Commerce & Industry. Following the election of the Board of Directors and the nominations of the President, VP and Treasurer of the Association the High Commissioner proceeded to hold a lecture on the subject of the Canada-European Union’s Comprehensive Economic and Trade Agreement that was followed by cocktails and informal discussions.