Turkish Cypriot
Chamber of Commerce

Brussels Representation Newsletter
 

ISSUE 1, APRIL 2013

Financial Crisis in South Cyprus

The financial crisis which struck Southern Cyprus is indeed a severe one. Following the bail out terms agreed with the EU-IMF Troika, it is clear that the near future will be difficult for the Greek Cypriot administration, its people and its businesses alike. They will face years of austerity, recession and unemployment. While ordinary Greek Cypriot citizens will risk their life-long savings, KTTO estimated that thousands of Greek Cypriot companies will have to downsize significantly.
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KTTO hosts seminar on the EU Financial Aid Programme

On 12 March 2013, KTTO co-organized together with the  EU's Programme Support Office (EUPSO) in North Cyprus a seminar on the  EU Financial Aid Programme.  READ MORE

 

KTTO represented at the Federation of Small Businesses Annual Conference

KTTO Board member and  European Small Business Alliance (ESBA) Vice-President Mr. Salih Çeliker attended the  FSB Annual Conference held in Leicester on 21-23 March 2013. READ MORE

Honey produced in North Cyprus can now be traded across the Green Line

The EU Commission declared in an  official statement in February 2013 that honey produced in North Cyprus is now fully compliant with EU standards and can be traded across the Green Line.  READ MORE

 

The Turkish Cypriot traditional Hellim cheese needs protection

Turkish Cypriot Hellim cheese producers want their rights to be ensured in the application filed by the Greek Cypriot Halloumi cheese producers in December 2012 to register Halloumi/Hellim as a Protected Designation of Origin (PDO) under  EU Council Regulation (EC) No 510/2006.  READ MORE

 

European Parliament supports the continuation of financial assistance to Turkish Cypriots  

The European Parliament's (EP) Budgetary Control Committee (CONT) approved the  2011 discharge report by MEP Mr. Jens Geier (DE, S&D) on the EU's Court of Auditors' special reports at its meeting on 18 March 2013. The part of the discharge report on the financial aid provided to the Turkish Cypriots supports the continuation of this assistance within the framework of the Financial Aid Regulation until a comprehensive settlement is reached. READ MORE

 

Turkish Cypriots - Only EU Citizens who are not represented in the European Parliament

KTTO President Dr.Günay Çerkez sent a letter to the Members of the European Parliament, asking their support for allowing Turkish Cypriots to be represented in the EU Parliament. Currently Turkish Cypriots are the only EU citizens who are not represented in the EU.
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About Us

Established in 1958, the Turkish Cypriot Chamber of Commerce (KTTO) is an internationally-recognized organization, representing the Turkish Cypriot business community at home and abroad.  READ MORE

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Turkish Cypriot Chamber of Commerce (KTTO) Brussels Representation

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