Cyprus and Israel on Wednesday signed a memorandum of understanding, aiming to reduce roaming charges in their respective countries.
The memorandum was signed in Nicosia by the minister of transport, communications and works Marios Demetriades and his Israeli counterpart, Ayoob Kara.
The two ministers also discussed possible cooperation on 5G technology and fiber-optic communications, as well as in other high-tech sectors.
With the “Memorandum of Understanding on International Roaming Tariff & International Mobile Termination Rates Reduction”, the two countries will cooperate to reduce existing roaming charges for tourists from Cyprus and Israel, Demetriades noted.
“We expect a constructive dialogue between mobile service providers, which we hope will bring the two countries even closer in the telecommunications sector,” Demetriades said, while expressing hope that cooperation would also extend to other areas, such as space technologies, 5G, the internet of things, big data, cloud computing, artificial intelligence and autonomous driving.
Regarding his discussion with Demetriades, Kara said that they exchanged views on technology matters and prospects regarding cooperation on 5G and optical fibers. He also expressed his satisfaction over the discussion to reduce roaming charges, noting that this will be good news for tourists from Cyprus and Israel visiting each other’s countries.
The Israeli minister also said that lower telecommunications costs would also help other sectors, particularly tourism and trade.
Kara invited Demetriades to Israel to continue their discussion on matters of mutual interest for both countries.