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Media Watch 2003

03 June 2003
Source: Cyprus Mail
Comment: The following article appeared in the Cyprus Mail of Nicosia on 3 June 2003 written by a staff reporter.
EU set to announce aid package for Turkish Cypriots

THE EUROPEAN Commission is expected to announce its package of measures to assist Turkish Cypriots today in Strasbourg and Brussels.

The package will inject around 12 million euros to the north, concentrating on three main areas: financial co-operation, trade and bringing Turkish Cypriots closer to the European Union.

Financial co-operation will involve a further investment of six million euros on infrastructure through the Nicosia Master Plan set-up, with the possibility of extending the programme to Famagusta and Kyrenia.

A further two million euros will be spent on supporting small and medium sized enterprises, while one million euros will be used for feasibility surveys on development of the north.

One and a half million will be allocated to strengthening community ties through the support of non-governmental organisations. The aim is to bring the two communities together under the umbrella of EU membership.

Trade unions will be allocated half a million euros, to be distributed through the Pancyprian Union Forum, while one million will be spent on seminars on EU harmonisation and the body of laws required for that.

Regarding trade, the Commission has said it would allow the Turkish Cypriot Chamber of Commerce to issue documents for Turkish Cypriot goods to be exported to the EU via the government-controlled ports in the south."