2021 Economic & Financial protocol signed in Ankara

Eklenme Tarihi: 03 Mart 2021

The 2021 Turkey-TRNC Economic and Financial Cooperation agreement was signed in the Turkish capital Ankara today between Turkish Vice President Fuat Oktay and Prime Minister Ersan Saner.

The two first met for over 45 minutes before holding a joint press conference.

The cooperation protocol includes financial support to the TRNC budget to be used to mitigate the negative effects of the COVID-19 pandemic as well as help revive the real sector and fund infrastructure projects.

Speaking at a joint press conference, the Turkish Vice President Fuat Oktay said that Turkey will be channelling ₺2.5bn to the TRNC as part of the cooperation protocol to be used to upgrade the country’s infrastructure, aide the real sector affected by the COVID-19 pandemic as well as the implementation of new projects such as e-governance.

The projects include the establishment of a new industrial zone in the country.

Oktay also announced that 20,000 more doses of CoronoVac vaccines will be delivered to the TRNC this week, bringing the total amount of vaccines donated to 100,000.

He said that the latest donation placed TRNC among countries with the highest number of COVID-19 vaccinations administered so far.

Oktay also said that the TRNC could no longer be made to suffer under unjust international embargoes and isolations.

 “Turkey, as a guarantor country will continue to do all it can for the peace, development and prosperity of the Turkish Cypriot people and the TRNC,” he added.

Touching upon the Cyprus Problem, the Turkish Vice President said Ankara’s position regarding the upcoming five-plus one meeting was clear, that the only way for a solution in Cyprus was a two-state model based on sovereign equality.

Oktay also said that it was out of the question for the EU, one of the leading actors responsible for the deadlock on the Cyprus Problem, to take part in the informal meeting set to take place in late April.

“There is very little or nothing the EU can bring to the table,” he said, adding that there was a full agreement with the TRNC on this issue.

Oktay said that Turkey will continue its struggle until Turkish Cypriots are awarded their legitimate and just rights on the island.

Regarding the issue of Maraş, Oktay said it was out of the question to take any steps on the issue and that the fenced-off city was part of TRNC soil.

The Turkish Vice President said that the Greek Cypriot side had failed to reciprocate all efforts made in goodwill by the Turkish side for the past 45 years.

He stated that the area from now on will be used for the welfare and benefit of the TRNC, its youth and future generations.

“We will not abandon our vision for a two-state solution nor will we tolerate the unjust embargoes imposed on our Turkish Cypriot brethren,” Oktay said.

The Turkish Vice President Fuat Oktay concluded his remarks by stating that Turkey will continue to support the TRNC and the Turkish Cypriot people in all fields.

Also speaking, Prime Minister Ersan Saner expressed his gratitude to motherland Turkey for all the assistance and support it provides for the Turkish Republic of Northern Cyprus.

He said that the ₺2.5bn to be provided in the form of financial assistance will be important for the TRNC’s economy and budget.

Saner added that the infrastructure projects to be carried out in the TRNC will further raise standards in the country.

On the issue of Maraş, Prime Minister Ersan Saner said that the move taken by the government to reopen the fenced-off town for civilian use had broken the mould.