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Chambers of commerce on both sides support efforts to improve Green Line trade

ayios doemtios
File photo: Ayios Dometios crossing point (Photo: Christos Theodorides)

The Cyprus Chamber of Commerce and Industry (Keve) and the Turkish Cypriot Chamber of Commerce (Ktto) support all efforts aimed at the bilateral improvement of Green Line trade.

Both chambers call on the two leaders to contribute to this effort.

They said they were pleased to share their commitment to maintaining lasting cooperation regarding the implementation of Green Line trade since 2004 and utilising every opportunity to improve such cooperation.

Especially in 2022, they noted that trade across the Green Line showed a significant increase.

Both chambers “as the most representative business institutions of the Greek Cypriots and Turkish Cypriots, are aware that the improvement and development of relations between the two communities can be further enhanced through the increase of economic relations and trade,” they said in a statement.

“Hence, both parties appreciate the contribution of increased Green Line trade to the improvement of dialogue, relations and cooperation between them but also to the efforts for a viable solution of the Cyprus problem.”

The two chambers “declare their consensus and commitment to continue their support in eliminating bilateral bureaucratic challenges related to Green Line trade in order to promote further convergence between Greek and Turkish Cypriots”.

Furthermore, the provision of more benefits to stakeholders from both communities will help to strengthen confidence between them which is an essential requirement for the solution of the Cyprus problem, they underlined.

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