Limassol, June 15 -- Several bigwigs from India and Cyprus expressed hope for increased trade between the two countries as Prime Minister Narendra Modi visited the country.

A business roundtable event was held in Limassol, Cyprus, where PM Modi and President Nikos Christodoulides witnessed the signing of several Memoranda of Understanding (MoUs) between Indian and Cypriot businesses.

Several MoUs were signed between Indian and Cypriot businesses, including between the National Stock Exchange (NSE) and the Cyprus Stock Exchange, and between the Bombay Chamber of Commerce and the Cyprus Chamber of Commerce and Industries.

The event highlighted the potential for investment and trade between India and Cyprus, with a focus on sectors such a...