Green Line Expansion to Boost Turkish Cypriot Trade

April 3, 2024

    Expansion of Goods Transportation Under Green Line Regulation

    In a significant move towards enhancing trade and cooperation, the list of goods permitted for transport under the Green Line regulation is being broadened. The Ministerial Council has recently endorsed a proposal from the Foreign Minister, empowering the Ministers of Health and Agriculture, Rural Development, and Environment to streamline the process for certain products at crossing points.

    With this authorization, processed non-animal origin products such as coffee, lemonade, frozen vegetables, potatoes, vinegar, and dried molokhia are set to enjoy smoother transit. The competent services of the respective ministries are tasked with conducting necessary checks in line with Regulation (EC) No 866/2004. This is a strategic step to facilitate trade across the divide, reflecting a commitment to economic integration and mutual benefit.

    The Customs Department is also being kept in the loop, as it holds the responsibility for inspection at the crossing points. This coordination ensures that the implementation of the Ministerial Council’s decision from March 13, 2024, is seamless and effective.

    This latest decision builds on a comprehensive package of 14 measures aimed at supporting Turkish Cypriots, unveiled by the Presidency earlier this year. Among these measures are initiatives to expedite citizenship applications, provide access to healthcare services, and enhance participation in educational and cultural programs. The government’s approach underscores a concerted effort to foster inclusivity and support for all communities on the island.

    The expansion of the goods list under the Green Line Regulation by adding six specific products is just one facet of a broader strategy to strengthen ties and promote prosperity. This initiative not only benefits traders but also serves as a bridge between communities, paving the way for a future of shared growth and cooperation.

    The Ministerial Council has authorized the Ministers of Health and Agriculture, Rural Development, and Environment to allow the passage of processed non-animal origin products, such as coffee and frozen vegetables, through crossing points
    To provide an expert response, I would need the actual question text. Please provide the question youd like answered for a business publication.
    Send a request and get a free consultation:
    November 2025
    Businesses Secure Long-Term Stability with New Lease Agreements
    The EURUSD currency pair remains in a tight range above the 1.0900 support level on Monday as it struggles for direction. Investors seek fresh cues at the start of a busy data week, which may indicate how much the Federal Reserve will cut interest rates in September.
    India Sees 22.5% Growth in Tax Collections, Boosted by Lease Revenues
    India's net direct tax collections saw a significant boost, growing by 22.5% as of August 11, compared to 19.54% the previous month. This surge was driven by a 30% rise in Personal Income Tax revenues and a 111% increase in Securities Transaction Tax receipts, despite modest corporate tax growth.
    Lawmakers Consider Alternatives as Lease Deduction Nears Expiration
    Lawmakers are evaluating alternatives to the expiring 20% deduction for qualified business income introduced by the Tax Cuts and Jobs Act. One option is corporate integration, which could address existing distortions. Businesses with a lease may also be impacted by these potential changes.
    Hellenic Bank Personal Loans
    Hellenic Bank Personal Loans offer flexible solutions for covering personal, educational, or business expenses. With competitive rates, tailored repayment plans, and options for secured or unsecured loans, these loans provide convenient financing to meet your financial needs with ease.

    Cyprus visa guide

    • Travel visa basics
    • Cyprus application process
    • Check visa status
    • Online visa verification
      Thanks for the apply!
      We will get back to you within 1 business day
      You can schedule a call time at your convenience now:
      In the meantime, you can get a free consultation
      with our AI-assistant