Privacy Policy

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.

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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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Monthly and yearly trade values (without electricity) since August 2004

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Monthly and yearly trade values since August 2004

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Guide for Foreign Investors

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Economic Interdependence

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Economic Interdependence Phase 2

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