The EU Commission published the report to inform EU member states about the annual follow-up activities on the implementation of the Green Line Regulation.
The annual report --which was approved by EU Commission yesterday, examines the economic activities pursued on Green Line between May 1st, 2006 and April 30th, 2007.
According to the report, the value of goods which were traded from North Cyprus to South Cyprus stands at 3.380 million Euros, while the Greek Cypriot Side’s trade with the North stands at 1.027 million Euros.
The figure doubled according to last year's figures.
The report also criticized the Greek Cypriot Administration for a number of things such as its refusal to recognize driving licenses and motor registration documents issued by the Turkish Cypriot Side.
Attention was also drawn in the report to the high rate of smuggling and illegal trade taking place between the two sides, to the point noted by some experts that .
Pointing out that the Greek Cypriot Administration did not find health certificates issued for Turkish Cypriot Agriculture products by the EU Commission to be sufficient, the report said that extra tests conducted on these goods by the Greek Cypriot Side was an hidden obstacle in the way of trade from North to South.
In light of all these difficulties, the report said the Green Line Regulation failed to give the necessary boost to the island’s economy.
The Green Line Regulation which was put into effect by the EU General Affairs & External Relations Council on April 26th sets the rules of EU acquis communitaire which will be implemented on crossing of persons, goods and services on green line.