Limassol, June 15 -- Prime Minister Narendra Modi on Sunday (local time) emphasised India's significant progress and economic strengths, while addressing the India-Cyprus CEO Forum.

PM Modi said that Cyprus has been a trusted partner for India and has made significant investments in the country. Many Indian companies have also established a presence in Cyprus, which is seen as a gateway to Europe.

The mutual trade between India and Cyprus has reached USD 150 million, but PM Modi believes there is much more potential for growth and cooperation.

"Cyprus has been our trusted partner for a long time and there has been significant investment from here in India. Many Indian companies have also come to Cyprus; in a way, Cyprus is seen as a ga...