India and Cyprus elevated their bilateral relations to a Strategic Partnership during the visit of the Cyprus President Nikos Christodoulides to India.
India and Cyprus agreed to establish a Joint Working Group on Counter Terrorism and reaffirmed cooperation against all forms of terrorism, including cross-border terrorism.
Both countries signed agreements on counter-terrorism cooperation and diplomatic training.
New initiatives include a Cyber Security Dialogue, a Consular Dialogue, and a Roadmap for Bilateral Defence Cooperation (2026–2031).
Cyprus is the 9th largest source of Foreign Direct Investment (FDI) into India and the second largest among European Union (EU) countries after the Netherlands, with cumulative investments of about US$16 billion since 2000.