Cyprus Becomes 1st EU Member to Join Digital Cooperation Organization
The Digital Cooperation Organization (DCO) welcomed the Republic of Cyprus as the latest member state to join DCO’s global ecosystem focused on digital prosperity for all.
The Republic of Cyprus is the first European Union country to join the DCO, an international organization that aims to accelerate the inclusive growth of the digital economy to drive sustainable growth and empower nations.
The Republic of Cyprus, represented by the Deputy Ministry of Research, Innovation and Digital Policy (DMRID), will become the 11th nation to join DCO.
Under the remit of the DMRID, the Republic of Cyprus has a proactive, forward-thinking program to develop its digital economy, and has been recognized for making strong progress to enhance its national capabilities and readiness for digital.
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Kyriacos Kokkinos, the Deputy Minister to the President for Research, Innovation and Digital Policy, said: “The Republic of Cyprus is very pleased to be joining the Digital Cooperation Organization and becoming a part of this great effort to accelerate the growth of the digital economy.
“In the face of many challenges, and while socioeconomic global developments and technological evolutions continue to take place and evolve, international cooperation in the digital sphere is a powerful investment in our shared future.”
According to the Deputy Minister, Cyprus’ national ambitions and strategic objectives fully align with the DCO’s mission and expressed the government’s great pride in being part of this exciting journey, sharing knowledge and experience with the global community.
“As the first EU member state to join the DCO, and a natural crossroads between Europe, Asia, and Africa”, said Mr Kokkinos, “Cyprus aspires to act as a bridge between nations, people and ideas, facilitating communication, collaboration, and knowledge transfer.”
Deemah AlYahya, Secretary-General of the DCO said: “We are very pleased that the Republic of Cyprus has chosen to become the eleventh member state of the DCO, today with the leadership of Cyprus, marks a major milestone for DCO, where the 1st European nation has joined the DCO.
"We are focused on fostering an international ecosystem for knowledge sharing and cooperation to promote digital prosperity for all."
The DCO, which focuses on digital economy initiatives supporting youth, startup entrepreneurs and women, has ten member states with a combined GDP of over $2 trillion and population of nearly 600 million.
With 70% of future economic growth set to be digital, DCO member states provide a valuable market opportunity to investors and entrepreneurs alike.
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