Cyprus-Forum.com

[andytandreou]

Greek Cypriot goods will be allowed into northern Cyprus for sale following a decision by the Turkish Cypriot administration’s council of ministers on Wednesday.

Spokesman Huseyin Celal said that the list of goods that could be traded would be announced by the administration’s economy ministry, while sources at the Turkish Cypriot Chamber of Commerce told the Financial Mirror that the list is likely to be the same as those goods allowed to be sold south under the Green Line regulation.

Amendments to the Green Line regulation allowing a wider range of goods came into force last week and some 30 Greek Cypriot companies have expressed interest in doing business with Turkish Cypriot suppliers.

Greek Cypriot traders and institutions, as well as the Turkish Cypriot Chamber of Commerce, have been calling for reciprocal trade for some time.

“This is very good news. We have been calling for repciprocity since the very beginning,” a spokesman for the Turkish Cypriot Chamber of Commerce told the Financial Mirror.

On Friday, the Cyprus Chamber of Commerce and Industry (KEVE) will hold the meeting postponed with the Turkish Cypriot Chamber of Commerce (KTTO) that was intially scheduled for three months ago.

is this true? what does this mean for the future?

direct link to story: http://www.financialmirror.com/more_new ... 35&type=st

[Saint Jimmy]

OH MY GOD!!! is this true? what does this mean for the future?

What's with the panic attack?
Well, it means that TC authorities are going to allow trade between companies in the South and those in the North. Whether this will mean business ventures that will enhance community relations remains to be seen...
Seriously, though: why 'OH MY GOD'?

[insan]

One more step to get closer but still we have a long, long way to go.

[cannedmoose]

OMG seems a bit melodramatic for such a welcome step ... anything that could augur closer integration between the two economies is something that should be welcomed, not feared. So, why the overly-dramatic statement?

[andytandreou]

edited the OH MY GOD.... after reading my original post it did sound a bit awkward. I said "OH MY GOD" because i was happy at the prospect. I mean think about what has happened these past two years, we have gone from complete seperation to easing of border restrictions, then to cancellation of passport controls, then to north to south trade and now two-way trade... This is just amazing news coming in constantly...

[cannedmoose]

edited the OH MY GOD.... after reading my original post it did sound a bit awkward. I said "OH MY GOD" because i was happy at the prospect. I mean think about what has happened these past two years, we have gone from complete seperation to easing of border restrictions, then to cancellation of passport controls, then to north to south trade and now two-way trade... This is just amazing news coming in constantly...

One thing I've learnt during 3 years of pretty constant monitoring of relations in Cyprus is never to get over-excited by anything. One step forward is always accompanied by a half-step back. Those who foresee a revolutionary change just around the corner are almost always disappointed. There's a lot of pronouncements, announcements, statements etc., which ultimately get lost in the ether and prove fruitless.

Hence, whilst changes in Cyprus are indeed significant in recent years, this is still a 'revolution-in-progress' and will take some time before it all pans out. Don't get too excited or you'll end up with an ulcer before the next excitement happens

[Saint Jimmy]

edited the OH MY GOD

LOOOL
Very, very slick! Now we have 4 or 5 completely meaningless posts following yours. A very cool way to make complete asses of us. Hats off!

Hence, whilst changes in Cyprus are indeed significant in recent years, this is still a 'revolution-in-progress' and will take some time before it all pans out. Don't get too excited or you'll end up with an ulcer before the next excitement happens

Yeah, that's probably true... Especially these last couple of years have been extremely disappointing. We got our hopes so high up, we ended up taking a hell of a fall...

[sadik]

Hi,

This is my first posting in this forum, so I salute you all.

I believe that this decision is an attempt to align the export/import policies of the north with the EU green line regulation. So now, the amount of goods that can be taken from the south into the north is set to the amount of goods that can be taken from the north to the south. They will also publish a list of goods that can be imported which probably will be similar to the list of goods that the Green Line regulation allows. There will be conditions similar to the ones in the Green Line requlation such that the goods need to be manufactured in the south, etc.

If this was not done, the TC government would find itself in the awkward position of asking for more free trade from the EU, while restricting trade from the South itself.

I personally don't think this is a very significant thing, unless the EU Green Line regulation is implemented. Currently there are a thousand bureaucratic obsticles on both sides in the way of trade between the north and the south. If the GCs slow down or block the trade from the north to the south, the same thing will happen for the trade from the south to the north.

Sadik

[Saint Jimmy]

Hi there Sadik, and welcome aboard

You said:

If this was not done, the TC government would find itself in the awkward position of asking for more free trade from the EU, while restricting trade from the South itself.

Do you mean by this that the TRNC decided on this matter to avoid getting stuck down in a rut? I think that it's only a good step if it promotes co-operation between the two communities, sincerely. Are you saying that you believe it's just a political gimmick?

[boulio]

this is the t/c only choice,this will also after a few months lead to famagusta being opened to both communities and the t/c will finally be able to export and inport.it will definetly be a right step in relations between communities.