Prime Minister H\u00fcseyin \u00d6zg\u00fcrg\u00fcn has said that that the economy has improved \u2018significantly\u2019, despite political uncertainty.<\/p>\n
Prime Minister H\u00fcseyin \u00d6zg\u00fcrg\u00fcn, Turkish Deputy Prime Minister Mehmet \u015eim\u015fek and Economy and Energy Minister Sunat Atun gave a speech at the opening of the conference entitled \u201cConference on Economic Developments and Expectations in the World, Turkey and the TRNC\u201d, which was organised by the Final International University (FIU) with the cooperation of the TRNC Central Bank and the Cyprus Turkish Economic Association.<\/p>\n
In his speech, Prime Minister \u00d6zg\u00fcrg\u00fcn stated that the Cyprus issue has had a great impact on the configuration of the TRNC\u2019s economy, and added that economic embargos and isolations have negatively affected the economy. \u00d6zg\u00fcrg\u00fcn said that the service sector is at the forefront of the Cyprus economy, but that the incomplete Cyprus negotiations, which have been ongoing since 1968, and the uncertainty surrounding the talks, has negatively affected the economy.<\/p>\n
Stating that the negotiation process has been wounded due to the Enosis decision of the Greek Cypriot Parliament, \u00d6zg\u00fcrg\u00fcn said that the Turkish Cypriot side organises its economy in accordance with the negotiation process. \u00d6zg\u00fcrg\u00fcn also noted that as the uncertainty in the Cyprus problem continues, economic development would be limited in the TRNC.<\/p>\n
Prime Minister \u00d6zg\u00fcrg\u00fcn emphasized that the TRNC economy has developed significantly over the years, despite the political conjuncture, and emphasized that considerable progress has been made in the education, health, tourism and agricultural sectors.<\/p>\n
In his speech, Turkish Deputy Prime Minister Mehmet \u015eim\u015fek stated that although the embargos, political situation, and the statue of the TRNC constitute a problem, positive developments have been made in developing the TRNC economy. \u015eim\u015fek emphasized that Turkey has always supported the TRNC in every field, and that this support will continue. \u015eim\u015fek also mentioned the importance of reforms, saying, \u201cIf you make reforms, other countries come for investment as well.\u201d<\/p>\n
\u015eim\u015fek also noted that a solution in Cyprus would be supported by Turkey.<\/p>\n
In his speech, Economy and Energy Minister Sunat Atun stated that the TRNC was affected both directly and indirectly from the global economic crisis in 2008. Minister Atun said that the USA\u2019s strict monetary policies have impacted developing countries. He stressed that the TRNC\u2019s economic slowdown in 2013-2015 was caused by\u00a0 economic protocol not being signed, however reforms have been accelerated\u00a0 since 2015, which have brought the economy to good standards.<\/p>\n","protected":false},"excerpt":{"rendered":"
Prime Minister H\u00fcseyin \u00d6zg\u00fcrg\u00fcn has said that that the economy has improved \u2018significantly\u2019, despite political uncertainty. [\u2026]<\/span><\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-140687","post","type-post","status-publish","format-standard","hentry","category-news-headlines"],"_links":{"self":[{"href":"https:\/\/pio.mfa.gov.ct.tr\/en\/wp-json\/wp\/v2\/posts\/140687","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pio.mfa.gov.ct.tr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pio.mfa.gov.ct.tr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pio.mfa.gov.ct.tr\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/pio.mfa.gov.ct.tr\/en\/wp-json\/wp\/v2\/comments?post=140687"}],"version-history":[{"count":0,"href":"https:\/\/pio.mfa.gov.ct.tr\/en\/wp-json\/wp\/v2\/posts\/140687\/revisions"}],"wp:attachment":[{"href":"https:\/\/pio.mfa.gov.ct.tr\/en\/wp-json\/wp\/v2\/media?parent=140687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pio.mfa.gov.ct.tr\/en\/wp-json\/wp\/v2\/categories?post=140687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pio.mfa.gov.ct.tr\/en\/wp-json\/wp\/v2\/tags?post=140687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}