The Russian President Mr. Dmitry Medvedev visited today Cyprus for two days in order to discuss various political financial etc., issues, with the Cyprus President.
Mr. Medvedev is escorted by more than 400 persons which includes ministers and other officials, as well as a large number of businessmen.
Russia is among the largest foreign investors in Cyprus, with an investment volume of €2 billion in 2008, according to official figures. In 2008, $34 billion were invested in Russia via Cyprus, while Cypriot investment in the country was €1.5 billion (Stating by Chairman of the Cyprus Chamber of Commerce and Industry (KEVE).