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12° Nicosia,
21 November, 2024
 
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EU allocates €39.5 million for Turkish Cypriot community

Funding supports reunification efforts, Green Line trade, and socio-economic development

Newsroom

The European Commission has approved a €39.5 million funding plan for 2024 to help the Turkish Cypriot community and support efforts to reunify Cyprus.

This money will go towards several key projects, including the Halloumi/Hellim Protected Designation of Origin (PDO) initiative. This program allows Turkish Cypriot producers to receive EU protection for their Halloumi cheese for the first time. It also aims to boost trade across the Green Line that divides Cyprus.

The funding will help Turkish Cypriot producers meet EU food safety and health standards so they can sell their products in the EU. Grants will be available for dairy and agricultural businesses to help them meet these standards and benefit from cross-line trade.

In line with the EU Green Deal, the plan includes money for a possible joint solar power plant, if both communities agree to it. This project would help both sides work together on green energy.

The program will also support small and medium-sized businesses and entrepreneurs, provide technical assistance in education, and offer equipment to improve skills in lifelong learning and special needs education.

A significant part of the funding will go towards a bicommunal scholarship program, which will help Greek Cypriot and Turkish Cypriot students attend international baccalaureate programs at peace-oriented schools.

Additionally, the program will continue to support the Committee on Missing Persons in Cyprus and efforts to restore Cyprus' cultural heritage, aiming to promote reconciliation and respect for the island's diverse culture and religions.

Since 2006, the EU has provided €728 million for similar projects through its Aid Programme, managed by the Directorate-General for Structural Reform Support.

[With information from CNA]

TAGS
Cyprus  |  Turkey  |  Europe  |  aid

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