Turkish Cypriot
Chamber of Commerce

Brussels Representation Newsletter

ISSUE 16, 31 October 2014


KTTO: "The Greek Cypriot side should get back to the negotiation table"

Following the Greek Cypriot government’s announcement of initiation of a new drilling activity in the block area 9 in its so called exclusive economic zone on October 3,2014 and Turkey’s decision to send its research vessel to search for oil and gas off Cyprus’s South coast, the Greek Cypriot side decided to pull out of the comprehensive settlement talks in Cyprus on October 6, 2014.

The Greek Cypriot side’s decision to pull out of talks is strongly criticized by KTTO which believes that the common objective and priority of all sides concerned should be to reach a sustainable comprehensive settlement on the island. “Delaying the comprehensive settlement carries potential risks for Cyprus and for the region” said in the statement made by the Chamber on October 7, 2014. READ MORE

Transfer of Turkish Cypriot Task Force to DG REGIO raises concerns within the Turkish Cypriot Business Community 

With the recent organisational changes undertaken at the European Commission, the Turkish Cypriot Task Force, dealing with the Turkish Cypriot Community, is being transferred from Directorate-General (DG) of Enlargement to DG Regional Policy. The transfer raised serious concerns within the Turkish Cypriot Community as it brought about an uncertainty on how the Task Force under DG Regional Policy will continue to function in the future and whether the EU will be able to pursue its commitments effectively towards the Turkish Cypriot Community. READ MORE

KTTO participates in 2014 SME Assembly- “Growth Through Enterprise: Exploiting the Opportunities Ahead”

The 2014 SME Assembly which took place in Naples, Italy, 1-3 October, brought together small and medium enterprises (SMEs), business organizations, government officials, academia and media representatives to discuss how to encourage growth through enterprise and to exploit the opportunities ahead. Access to finance, growth through responsive administration, internationalization, completing the digital single market for SMEs as well as the Transatlantic Cooperation and its benefits were among the important issues discussed in the panels, workshops and policy sessions organized at the Assembly. More than 700 delegates took part in the event. READ MORE


European Parliament of Enterprises- 3rd edition took place in Brussels

Businesses took over the European Parliament for a day

The “European Parliament of Enterprises”  (EPE) is organised for the third time by Eurochambres on 16 October, 2014 in Brussels. The event which took place at the European Parliament Hemicycle brought together more than 750 entrepreneurs and businesses across 45 European countries. The businesspeople were given the chance to be the members of the European Parliament for a day and had the opportunity to debate and vote on some of the important issues on the EU’s business related agenda. The 4 main topics of focus for the event were the internationalisation, access to finance, skills to compete and energy.
The outcome of voting will be presented by the Eurochambres to the representatives of all EU institutions as the “voice of the European business” in the coming weeks and months. 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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