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RESEARCH STUDY REVEALS THE TURKISH CYPRIOTS CONTINUE TO SUFFER HEAVILY UNDER INTERNATIONAL ISOLATIONS.
Turkish Cypriots are continuing to suffer heavily under the burden of the unjust international isolation imposed on North Cyprus, a research study has revealed.
The academic study said that isolation and international embargoes has cost on average, every Turkish Cypriot, 112 thousand dollars over the last 30 year period, accumulating to a total loss of 25 billion dollars for the Turkish Cypriot community.
The research study carried out by Turkish Cypriot Academic Prof. Dr. Omer Gokcekus whose studies focus on international economics and development at the Seton Hall University in Canada has been complied into a book by the Cyprus Turkish Chamber of Commerce.
The book which includes chapters on the cost of the isolations, costs of transportation and freight through Turkish ports, losses in tourism revenues, the Socrates/Erasmus/Bologne Process and higher education in North Cyprus provides a graphical and statistical analysis of the situation in North Cyprus.
Commenting on the launch of the book, the President of the Cyprus Turkish Chamber of Commerce, Dr. Hasan Inci said that the study reveals the true income the Turkish Cypriot community should be earning under normal conditions, which was calculated at 25 billion dollars.
Pointing out that this figure could be seen as the result of the ongoing non-solution on the island and the continuation of the unjust international embargoes, Ince said that the study showed the kind of positive impact a settlement in Cyprus would have on the economic development of the Turkish Cypriot Community.
“These figures are important in seeing which opportunities lay ahead for the Turkish Cypriot economy. This is why we must look to the future to see what we will gain” he added.