An Emerging Strategic Axis: The Israel-Greece and Israel-Cyprus Chambers of Commerce recently held a historic trilateral meeting aimed at deepening and creating practical cooperation in the business, diplomatic, and social sectors between the three countries. The meeting, which drew unprecedented attendance, marks a new phase in economic relations across the regional arena.

A Business-Diplomatic Summit in the Heart of Tel Aviv

The much-anticipated trilateral meeting took place at the Brown Bobo Hotel in Tel Aviv and drew an impressive crowd of over 170 business people, diplomats, entrepreneurs, representatives of leading companies, senior officials, and guests who arrived especially from all three countries.

The hall was packed to capacity, reflecting the growing strategic importance of the alliance between Jerusalem, Athens, and Nicosia.

Among the prominent participants at the event were senior official representatives and leading voices in the local and international economy, including: Director General of the Ministry for Regional Cooperation – Gilad Shadmon, Greek Ambassador to Israel – Maya Solomou, Cypriot Ambassador to Israel – Cornelius Corneliou, Deputy Director General for Economics at the Ministry of Foreign Affairs – Yael Ravia-Zadok, Partner and CEO of Israel Canada Hotels – Reuven Elkas, and other senior figures from the fields of finance, energy, and infrastructure.

On the Agenda: From Traditional Energy to Cyber Innovation

The event focused on building economic and practical bridges, engaging at length with the new macro-economic opportunities emerging in the Eastern Mediterranean basin. Participants took part in professional panels and roundtables covering a wide range of shared core areas:

• Energy and Infrastructure: Development of joint projects and interconnection of regional electricity and gas networks.
• Water Technologies and Communications: Knowledge exchange and advanced solutions for addressing the climate crisis and improving submarine fiber-optic communications.
• Security and Innovation: Building technological ties between startup companies and developing advanced defense solutions.
• Trade and Real Estate: Expanding investment channels and encouraging cross-border tourism and commercial projects.

Throughout the hours of the meeting, direct conversations, B2B networking sessions, and professional connections took place among the participants.

The overarching goal defined by the organizers is to deepen economic cooperation in practice, while creating a permanent and accessible platform for future business initiatives and strengthening the direct connection between business communities.

Remarks from Senior Officials and Delegation Leaders

Greek Ambassador to Israel, Maya Solomou:

“The partnership between Greece, Israel, and Cyprus has evolved over the years into an ambitious strategic partnership across all fields, clearly demonstrating our desire to promote stability, security, and economic growth in the Eastern Mediterranean. What distinguishes this trilateral cooperation is its practical orientation — it is sector-based, structured, and results-driven; this is a partnership that delivers outcomes, and more importantly, a partnership with a clear vision for the future.”

Cypriot Ambassador to Israel, Cornelius Corneliou:

“The strategic partnership between Israel, Cyprus, and Greece is stronger than ever and continues to expand into new areas of innovation, technology, and economics. Cooperation between our countries not only contributes to business growth and new opportunities, but also strengthens stability, security, and people-to-people ties in the region. The impressive turnout here today is a testament to our shared commitment to continuing to build a future of prosperity and cooperation together.”

Director General of the Ministry for Regional Cooperation, Gilad Shadmon:

“Regional cooperation and connecting peoples and nations are in our DNA — at the heart of the ministry’s daily work. We believe that true partnership is built from a shared vision, trust, and investment in the next generation. The trilateral cyber program for youth that we initiated is proof that technological innovation and close human connections can generate groundbreaking regional leadership. To give these connections official and lasting standing, we signed a strategic memorandum of understanding with the cyber and digital governance authorities in Greece and Cyprus. This connection — between brilliant minds and a strong governmental infrastructure — is the foundation upon which we will continue to build a safer, more innovative, and more prosperous future for all of us in the region.”

A View from the Chambers of Commerce: The Private Sector’s Growth Engine

The Israel-Greece and Israel-Cyprus Chambers of Commerce emphasized at the event’s closing that the current meeting is not a one-time occurrence, but rather a clear expression of an ongoing trend.

The growing importance of regional cooperation in the Eastern Mediterranean opens enormous potential for Israeli companies seeking stability, nearby markets, and reliable partnerships across the diplomatic, business, and civil sectors alike.

Kobi Biton, CEO of the Israel-Greece Chamber of Commerce, stated:

“The trilateral meeting is yet another expression of the depth of the relationship between Israel, Greece, and Cyprus, and of the significant potential embedded in regional cooperation. The number of participants who came to the event illustrates the genuine desire to strengthen ties, create new business connections, and promote joint initiatives between the countries. The Israel-Greece Chamber of Commerce will continue to act as a bridge between business communities and as a platform for creating new opportunities in the Eastern Mediterranean arena.”

Eran Cohen, CEO of the Israel-Cyprus Chamber of Commerce, concluded:

“Today’s trilateral meeting, attended by some 200 participants, connects three countries with shared interests and lays the groundwork for continued significant economic cooperation in the years ahead. The Israel-Cyprus and Israel-Greece Chambers of Commerce are working extensively in this direction, and we believe we will continue to see significant growth in business cooperation between the countries.”

In light of the current meeting’s impressive success, the heads of the Chambers of Commerce and government representatives have already begun planning next steps, including focused business delegations from Israel to Athens and Nicosia in the coming months, with the aim of translating the memoranda of understanding and connections formed into on-the-ground projects.