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News 5 April 2007
 

 ECONOMIC COOPERATION PROTOCOL SIGNED BETWEEN TURKEY AND THE TRNC

 8 JULY PROCESS TO RESTART
PERTEV AND CONIS WILL MEET TODAY

 

 

 
 

 

ECONOMIC COOPERATION PROTOCOL SIGNED BETWEEN TURKEY AND THE TRNC

Within the framework of the Economic Cooperation Protocol signed last year between Turkey and the TRNC, a new declaration was signed between the Turkish Deputy Prime Minister and Minister of State Abdullatif Sener and TRNC Minister of Economy and Tourism Enver Ozturk with a ceremony in Lefkosa.

The new declaration includes restructuring and economic support for sustainable development in the TRNC for the period between 2007 and 2009. According to the information given by Sener, who is also responsible for Cyprus affairs, “600 trillion TL will be given for the year 2007. 40 trillion TL will be given for encouragement allowances for various investments. These are allowances given to private enterprises. The remaining 560 trillion TL will be the source directly used by the government to finance its works”.

Speaking during the signing ceremony of the agreement, Sener pointed out that in the last 5 years TRNC had achieved a big economic development and the aim was to make this development permanent and sustainable.

Reminding that the TRNC had been kept under isolation because of the world’s different point of view, Sener said the TRNC was prevented from using its performance effectively, however the its economy had reached to very high levels as a result of the multi-functional relations established between Turkey and the TRNC. He added that the world was watching this in astonishment.

Stating that in the EU process, Turkey and the TRNC had clearly put forward their stance Sener said: “We are working with determination to change the EU’s negative attitude”.

Drawing attention to the fact that the promises given before the 2004 referendum had not yet been kept, Sener said the promises were manipulated within the framework of Greek Cypriot views.

Sener also pointed out that the per capita income had been increased by %68 in the last 5 years in the TRNC.

Sener explained that the per capita income in the TRNC, which was 4,400 US Dollars in 2002, had increased to 11,800 US Dollars today.

Referring to the 259 million EURO aid to be made by the EU to the TRNC, Sener said there had been arguments on giving this amount for three years and added: “However, Turkey gives 400 million US Dollars from its annual budget to the TRNC to contribute to its welfare level and ease the negative effects of the embargoes.”

For his part, Enver Ozturk pointed out that the main aim of the declaration was to achieve an economic structure, which would produce in line with EU standards and fairly share its income and to set up a state structure which would adopt participatory democracy and the rule of law.

 

8 JULY PROCESS TO RESTART
PERTEV AND CONIS WILL MEET TODAY

8 July process, which was broken off, is going to resume today (5 April).

Presidential Undersecretary Rasit Pertev and the Greek Cypriot Presidency’s Director of Diplomatic Office Tassos Tzonis are going to meet under the supervision of the UN Secretary General’s Special Representative to Cyprus Michael Moller.

Speaking to Cyprus Turkish News Agency (TAK) Rasit Pertev stated that the Turkish Cypriot side had conveyed its re-evaluation document to the UN and would restart the negotiations.

Explaining that while evaluating the Turkish Cypriot side’s stance towards the 8 July process, they discussed with both the government officials and the political party representatives in the Parliament, Pertev said: “Turkish Cypriot side has put forward its position and the areas which are matter of concern for it. We have completed the evaluation process with a letter and the process would restart today.”

Stressing that the process should be more serious and efficient, Pertev said the Turkish Cypriot side would work to make this process more efficient and positive.

 

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