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12° Nicosia,
29 May, 2024
 

Building bridges for economic growth: Advocating for more crossing points

Enhancing trade opportunities and strengthening trust between communities through expanded border access

Newsroom / CNA

The Cyprus Chamber of Commerce and Industry (KEVE) and the Turkish Cypriot Chamber of Commerce (KTTO) are actively advocating for increased trade opportunities and more efficient crossing points to enhance economic and commercial ties, according to a recent meeting discussed by the UN in Cyprus. The meeting, held between the UN Secretary-General's Special Representative, Colin Stewart, and representatives from both Chambers, highlighted the importance of strengthening economic and commercial relations across the island to maintain prospects for a future solution.

The UN in Cyprus emphasized the need for open and constructive discussions to create favorable conditions for enhanced intra-island trade, with a focus on youth participation and improved ease of doing business. It also highlighted the positive impact that increased economic activity between the two sides would have on the lives of people throughout the island. The Chambers strongly support the exploration of new or more efficient crossing points as a means of promoting greater trade opportunities.

The Chambers strongly support the exploration of new or more efficient crossing points as a means of promoting greater trade opportunities.

Regarding the opening of new crossing points, a source stated that it is currently not being discussed by the bi-communal Technical Committee or the negotiators of the two sides. However, the source acknowledged that such discussions could take place if the suggestions and requests of both sides are taken into consideration.

The Greek Cypriot side has consistently emphasized the significance of opening crossing points in Kokkina and Pyroi. KEVE, in a press release following the meeting, highlighted the awareness of both Chambers regarding the positive contribution that the development of economic and trade relations can make towards strengthening trust between the two communities in Cyprus.

Cyprus has remained divided since 1974 when Turkish troops invaded and occupied 37% of the island's territory.

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Cyprus  |  Turkey

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