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EU invests in Green Line trade in the Turkish Cypriot community


 

The European Commission on Wednesday, in partnership with GIZ International Services launched the “eunite: SME” project designed to support private sector development in the Turkish Cypriot community and boost Green Line Trade.

According to a press release from the European Commission Representation in Cyprus, with a budget of EUR 4 million over the next 2 years, the eunite: SME project will strengthen the competitiveness of Turkish Cypriot businesses by supporting their digitalization, sustainability and compliance with EU standards. It builds on the success of other private sector support programmes funded under the aid programme for the Turkish Cypriot community, further supporting the integration of Turkish Cypriot businesses into an island-wide economy.

The launch in Nicosia was attended by representatives of the European Commission, Turkish Cypriot local bodies and members of the business community. Judit Rozsa, Acting Director General for Structural Reform Support at the European Commission, highlighted in her opening speech the significant boost that the programme will provide to the Turkish Cypriot business community by providing “access to grants, bespoke mentoring, training and technical advice to enhance the competitiveness of businesses and to increase Green Line trade”.

GIZ International Services Europe Regional Director Stefanie Klein emphasized the importance of the growing partnership between the European Commission and GIZ International Services: ‘‘This new phase of the eunite programme focusing on support to SMEs and other Turkish Cypriot businesses consolidates our common work for the benefit of Cyprus. We are proud to work for uniting Cyprus through business”.

Starting in 2023, The European Commission has partnered with GIZ International Services Europe in Cyprus to implement projects in the field of agriculture, animal health and private sector development, including the Halloumi/Hellim PDO scheme. With the eunite: SME, GIZ International services is now managing EU projects worth EUR 13.5 million under the Aid Programme for the Turkish Cypriot Community.

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