New Delhi, June 16 -- The NSE International Exchange and Cyprus Stock Exchange signed a strategic Memorandum of Understanding (MoU) with an aim to enable Cross and Dual Listings and to enhance bilateral Capital Market Collaboration.

This MoU was signed during Prime Minister Narendra Modi's visit to Cyprus and in presence of Nikos Christodoulides, President of the Republic of Cyprus, during the roundtable event "Advancing a Strategic Economic Partnership" in Limassol, Cyprus.

During the event, PM Modi remarked, "I am pleased to know that the Cyprus Stock Exchange and NSE have agreed to collaborate in Gujarat's GIFT City."

"This strategic partnership underscores growing interest in connecting Indian and European capital markets via GIFT ...