Cooperation between the
Turkish Cypriot and Greek
Cypriot business communities
has proven to yield
successful results in recent
years. The accident that
took place on 15 July 2013,
near a petroleum tank on the
Eastern shore of Northern
Cyprus, led to the fuel oil
spillage which risked
affecting a considerable
area. Thanks to the
sustained dialogue between
KTTO and Greek Cypriot
chamber KEBE (Cyprus Chamber
of Commerce and Industry),
timely intervention was made
to contain the spillage and
prevent it from spreading
further.
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New government in
place in Northern
Cyprus
A new coalition
government has
emerged from the
early parliamentary
elections that took
place on 28 July
2013 in Northern
Cyprus. The new
government of Ozkan
Yorgancioglu
(CTP-BG) which
consists of six
ministers from the
social democrat
party of CTP-BG and
four ministers from
centre right Party
of DP-UG is due to
be sworn in on 6
September 2013.
The parliamentary
elections which took
place in Northern
Cyprus resulted in a
victory for the
social democrat
party of CTP-BG
(Republican Turkish
Party- United
Forces) obtaining
38,37% of the votes.
According to the
results, CTP-BG will
have 21 seats in the
Parliament, centre
right UBP (National
Unity Party) 14,
center-right DP-UG
(Democrat
Party-National
Forces) 12 and
social democrat TDP
(Communal Democracy
Party) 3. There were
172,803 eligible
voters in the
elections and the
turnout rate was
68,61%.
KTTO: Systematic
disinformation to
discredit the
intra-island trade
should stop
On 5 August 2013,
KTTO sent a letter
to the EU Commission
reacting to the
baseless statements
made by Mr. Nikos
Kuyalis, Greek
Cypriot Minister of
Agriculture, Natural
Resources and
Environment, against
the Green Line
Trade. Dismissing
the statements as
unfounded and
politically
motivated, KTTO
asked the EU
Commission to
intervene at the
highest political
level to stop such
statements which
hampers the
intra-island trade
and undermines the
economic cooperation
on the island.
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KTTO calls for
comprehensive
settlement and
economic reforms
In a communication
sent to all
political parties
during the election
period, KTTO urged
them to give
priority to finding
a solution to the
Cyprus problem,
carry out the
necessary public
reforms and to
improve the business
environment for
investments.
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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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