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Northern Cyprus: Economic Situation

Volume 497: debated on Thursday 22 October 2009

To ask the Secretary of State for Foreign and Commonwealth Affairs what assessment he has made of the state of the economy in northern Cyprus; and if he will make a statement. (293698)

The current situation hinders the economic development of the Turkish Cypriot economy. We welcome the EU’s commitment to support the development of the Turkish Cypriot community through financial aid and trade liberalisation. However, only an agreed settlement can provide the Turkish Cypriots with the full benefits of EU membership.