Turkish Cypriot
Chamber of Commerce

Brussels Representation Newsletter

ISSUE 4, 05 September 2013


“KTTO and KEBE Cooperating for a Win-Win"

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. READ MORE


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. READ MORE


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.


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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