green line regulations cyprus trade

Assessing the Impact of Green Line Regulations on Cyprus Trade

The Green Line Regulations (GLR) in Cyprus have had a negligible impact on trade, with only €16.0 million flowing through the Green Line compared to €1,096.3 million to the EU and UK in 2023, highlighting the struggles of Turkish Cypriot producers to access broader markets. Despite ongoing European initiatives aimed at fostering economic integration, significant obstacles remain, leaving the Turkish Cypriot community isolated and missing out on vital trade opportunities.