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What
If..?
The two prominent
business
organizations in
Cyprus, Turkish
Cypriot Chamber of
Commerce (KTTO) and
Cyprus Chamber of
Commerce and
Industry (KEBE),
have taken the lead
for preparing their
respective
communities for a
solution on the
island. As it was
reported in the
previous issue of
this bulletin, a
month ago, the two
Chambers had
released a joint
declaration urging
Cypriot leaders to
resume negotiations
and reach a
settlement without
further delay. The
new initiative of
the Chambers became
a 10 minutes
documentary, titled
"What If", drawing
attention to the
economic benefits of
a political
settlement in
Cyprus.
Featuring the Nobel
winning Cypriot
economist Dr.George
Pissarides and a
leading Turkish
Cypriot academician
Dr.Mustafa Besim of
Eastern
Mediterranean
University,
"What If"
documentary movie
was launched
simultaneously at
both Chambers on 28
November 2013.
Prepared in Turkish,
Greek and English,
the short
documentary features
real life characters
and respected
economists aiming to
create awareness on
the economic
development that
will occur after a
political
settlement.
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KTTO participates in
2013 SME Assembly-
"Encouraging Europe
of Enterprise"
The 2013 SME
Assembly
which took place in
Vilnius, Lithuania
on 25-26 November,
brought together
small and medium
enterprises (SMEs),
business
organizations,
government
officials, academia
and media
representatives to
discuss how to
encourage a Europe
of Enterprise.
Financing of
enterprise,
improving the
business
environment,
internationalization
and entrepreneurship
were among the
important issues
discussed in the
panels, workshops
and policy sessions
organized at the
Assembly.
KTTO Board Member
Salih Celiker and
KTTO Brussels
Representative Lale
Shener participated
in the Assembly.
Commenting on the
event, Celiker said
“Identifying
the problems faced
by the SMEs in
Europe and
addressing them
effectively is
extremely crucial
for the growth and
competitiveness of
the European
economy. 99 percent
of the businesses
operating in
Northern Cyprus are
SMEs and they face
similar problems
like all SMEs in the
rest of Europe.
However, the
continuing political
problem in Cyprus
and economic
restrictions imposed
on the Turkish
Cypriot economy
complicate these
problems even more.
Access to finance
and to international
markets proves
especially
difficult, if not
impossible, for our
enterprises. Lack of
full global economic
integration makes
access to finance
very difficult and
expensive".
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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.
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