Turkish Cypriot
Chamber of Commerce

Brussels Representation Newsletter
 

ISSUE 6, 11 November 2013

 

KTTO and KEBE call for a comprehensive settlement without further delay


As the leading Turkish Cypriot and Greek Cypriot business representative organisations on the island, KTTO and KEBE urged both leaders to intensify their efforts for a fair and sustainable solution of the Cyprus problem as soon as possible. 

In a joint statement made on 16 October 2013, the two Chambers expressed their commitment to contribute to the peace process and their readiness to support the political leadership in their efforts to reach a comprehensive settlement on the island. “The comprehensive solution of the Cyprus problem will bring considerable benefits to all sectors of the economy and consequently enhance the welfare and prosperity of all Cypriots” said the statement. READ MORE

BUSINESS VOICES


Turkish Cypriot businessmen request the inclusion of the processed food within the scope of the Green Line trade. The businessmen would like to see the European Commission finalize its efforts so that the processed food could finally be traded across the Green Line.

Mustafa Kemal Borankan is in “bulgur” (cracked wheat) production business. He finalized his facility with the grant given by the European Commission. Borankan says “ The plant cost me 1.5 milllion Euros. I had dreams. However I can’t even trade my products across the Green Line. Exporting them via Famagusta port to the United Kingdom is not profitable. I have to pay 16 percent tax due the trade regime North Cyprus is subjected to”.

Emre Cerkez is one of the directors of Helvasan. He requests the inclusion of tahin (sesame paste) products within the scope of the Green Line trade. “We have a new building, all our products are being tested by an EU accredited laboratory. It has been a year, I have been trying to trade my products without a success. The customers in the South are ready. We want to do trade. The only obstacle is the procedures” he says.

To read the interviews, click here.

KTTO participates in EUROCHAMBRES Economic Forum – “Investing in Growth”

KTTO participated in the Eurochambres Economic Forum, which took place in Istanbul, Turkey on 16 October 2013. The Forum provided a valuable platform for networking and benchmarking for more than 200 Chamber representatives from Europe and beyond. Apart from the Chamber to Chamber meetings, participants also had the opportunity to participate in the thematic workshops where the experts from the Chambers shared their knowledge and perspectives. Chamber representatives identified four areas; start ups, internationalization, female entrepreneurship and industry, that need to be urgently addressed to ensure growth in Europe. READ MORE

 

KTTO Delegation’s visit to Brussels

A high-level delegation of the Turkish Cypriot Chamber of Commerce (KTTO) presided by Dr. Günay Çerkez, President of KTTO, will be visiting Brussels during November 12-15, 2013 to have meetings with high-level EU officials, MEPs and civil society representatives. During its visit, the delegation will share the views of the Turkish Cypriot business community on the recent developments in Cyprus, the intra-island trade, development of economic relations between the two communities on the island and with the European Union. 

 

ESBA holds its October Board Meeting in Ýzmir

European Small Business Alliance (ESBA) held its final board meeting of 2013, on October 25 in Ýzmir, Turkey, upon the invitation of TOSYÖV, which aims to promote the interests of Small and Medium sized enterprises in Turkey. Ahead of ESBA board meeting which is hosted by Ýzmir Chamber of Commerce (IZTO), ESBA members had the opportunity to have informative and fruitful discussions with Aegean Region  Chamber of Industry (EBSO) and IZTO members. READ MORE

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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