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Competitiveness Report 2021-2022 Special Issue

Competitiveness Report 2021-2022 Special Issue

President of TCCC Turgay Deniz participated in the General Assembly of the World Chambers Federation

Turgay Deniz, President of the Turkish Cypriot Chamber of Commerce (TCCC), participated in the election of the General Council of the World Chambers Federation (WCF), the specialized unit of the International Chamber of Commerce (ICC) dealing with the Chambers of Commerce worldwide.

In the WCF General Council elections, total of 46 candidates participated and 20 members who will participate in 2020-2022 were determined.  In the membership elections of the WCF General Council more than 100 registered members voted.

TCCC President Deniz stated that the most important step was taken by ensuring the visibility of the Turkish Cypriot Chamber of Commerce and that the operations on this platform will continue. Deniz also noted that consultation with many Chambers was also made.

Since its establishment in the early 1950s, WCF has served as a platform where chamber leaders and senior executives communicate with each other and collaborate in areas that will benefit them in common, where problems are solved and opportunities are evaluated.

TRNC and UK chambers sign protocol

A protocol has been signed between the TRNC’s Cyprus Turkish Chamber of Commerce (KTTO) and the UK’s Cyprus Turkish Chamber of Commerce (CTCC).

TCC chairman Muhammet Yaşarata said it envisages investment and trade opportunities in both countries, and support in marketing TRNC products in the UK. KTTO will also help address the property problems of UK Turkish Cypriot buying in the TRNC.

The two chambers will also be able to hold joint seminars and exhibitions.
KTTO chairman Turgay Deniz said the collaboration means a “win win” situation.

In his statement, CTCC chairman Muhammet Yaşarata said UK-based businessmen are constantly visiting the TRNC and the chambers are working towards improving the TRNC in every aspect.

He added that his chamber is involved in lobbying and the two parties will start working to create a network to include the UK-based Turkish Cypriots, who have become a “big strength”.

Northern Cyprus Economy Competitiveness Report 2016-2017

Northern Cyprus Economy Competitiveness Report 2016-2017

“This window of opportunity must not be missed”

NICOSIA ECONOMIC FORUM JOINT STATEMENT

This statement is issued by the Nicosia Economic Forum, comprised of the Cyprus Chamber of Commerce and Industry (CCCI), the Turkish Cypriot Chamber of Commerce (KTTO), the Union of Chambers and Commodity Exchanges of Turkey (TOBB) and the Union of Hellenic Chambers of Commerce and Industry (UHCCI), in view of the meetings in Geneva for the settlement of the Cyprus problem.

The Forum congratulates the Cypriot leaders for their hard work in finding a settlement and expresses its firm support to their efforts towards their shared goal.

The Forum underlines that there are numerous studies on the economic benefits of the solution for the Cyprus issue and reiterates that a settlement will boost the economic potential in the region too, through the cooperation of the economic actors of the respective countries. Furthermore, a functional and viable settlement will transform the island into a nucleus of stability in the Eastern Mediterranean area.

As the leading business organisations of Cyprus, Turkey and Greece, we call upon both Cypriot leaders and all relevant parties to conclude their efforts with a comprehensive plan during their meetings in Geneva. This window of opportunity must not be missed. We also call upon all citizens, political forces, civil society organisations, media and other groups to contribute positively and support the leaders for a successful outcome. This is of utmost importance since a political agreement reached by the two leaders will be submitted to the consent of the two Cypriot communities at simultaneous referenda. The Cyprus problem has been on the international agenda for decades and has prevented the island from reaching its full potential. We therefore feel obliged to do everything possible in order to relieve future generations of this burden. All parties have a historic responsibility to do their utmost in Geneva so as to reach an agreement on a functional and viable solution. The Nicosia Economic Forum reiterates its readiness to continue supporting the process as it has been since its establishment in 2014.

Joint Statement by the Cyprus Chamber of Commerce and Industry and the Turkish Cypriot Chamber of Commerce

The Cyprus Chamber of Commerce and Industry and the Turkish Cypriot Chamber of Commerce have been working together for a long time for the promotion of economic co-operation between the two communities on the island. We strongly believe that as a result of a viable and functional solution of the Cyprus problem there will be considerable economic benefits to the island as many economic studies have shown over the years. Inspired by this vision, the two Chambers also underline the need to create conditions of stability in the Eastern Mediterranean through establishing a settlement on the island as a first step.

Therefore, the two Chambers continue to support lawful Green Line trade as a tool to enhance the economic co-operation on the island. We believe that there is potential to increase the existing volume of trade over the Green Line and invite all stakeholders to co-operate with us in overcoming psychological and other obstacles by informing society at large about this mechanism. As they have always been doing since its introduction in 2004, the Chambers will continue to do their utmost to provide support and guidance for the promotion of Green Line trade.

Finally, the two Chambers reiterate their commitment to their common vision in supporting the peace process led by the two leaders in Cyprus in their efforts to reach an agreed framework that will provide for a viable and lasting solution to the Cyprus problem which has been the source of instability for decades while at the same time it restricts the two communities to maximise their full economic potential. Keeping this vision in our minds, we encourage all sides to provide a positive contribution to helping the leaders to lead their communities towards a better future for the generations to come.

 

Cyprus Chamber of Commerce and Industry and Turkish Cypriot Chamber of Commerce meet on EU acquis

The Cyprus Chamber of Commerce and Industry and the Turkish Cypriot Chamber of Commerce met today to discuss support for the Turkish Cypriot business community to prepare for implementation of the EU acquis upon entry into force of the Cyprus settlement agreement.
Meeting under the auspices of EUROCHAMBRES, both Chambers were represented by their Presidents, respectively Mr Phidias Pilides and Mr Fikri Toros.

press
EUROCHAMBRES welcomes the active involvement of both Chambers in building mutual trust and enhancing business relations between both business communities. Arnaldo Abruzzini, EUROCHAMBRES’ CEO, stressed: “Turkish Cypriot companies are key stakeholders in the implementation of EU legislation, since the majority of current legislation adapted to the EU acquis will directly or indirectly affect them. It is therefore crucial that they are informed about the business-related EU acquis and that they receive effective support and advice to adapt, comply and be competitive in preparation for the Cyprus settlement agreement.”
The German Chamber of Commerce and Industry (DIHK) was represented at the meeting and provided useful insights on how the Chambers in Germany assisted companies in former East Germany to comply with the EU acquis after reunification.
Also represented at the meeting, the European Commission affirmed that the EU will continue to actively support the Turkish Cypriot business community in meeting this challenge.
Fikri Toros (Turkish Cypriot Chamber of Commerce) and Phidias Pilides (President of the Cyprus Chamber of Commerce and Industry)
Further information: Ms Juliette Loppé, Tel. +32 2 282 08 87, loppe@eurochambres.eu
Press contact: Ms Guendalina Cominotti, Tel. +32 2 282 08 66, +32 474 88 41 73, cominotti@eurochambres.eu
All EUROCHAMBRES’ press releases can be found here

Total Spread of Sales through Greenline – 2011

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Total Spread of Sales through Greenline – 2012

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Total Spread of Sales through Greenline – 2013

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