Economic Cooperation aims to Improve the Economy

he main goal of the government and Turkey is to improve the welfare levels of the people in the TRNC by signing the Economic and Financial Cooperation Agreement, Prime Minister Ersin Tatar has said.

In a statement about the protocol, Tatar said that Turkey had been providing support for socio-economic development since 1950.

The Economic and Financial Cooperation Agreement we signed with the Turkish Vice-President Fuat Oktay on 20 July aims at this purpose. When we came to powe,r we found an Economic and Financial Cooperation Agreement which needed to be signed with Turkey, a serious financial situation and a weak economy”, Tatar said. He reminded that, therefore, they had signed a transitional period agreement with Turkey which involves the rest of 2019.