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Thursday, January 20, 2005

Turkish Cypriot fruit and veg undercutting local producers? Minister plays down fears

"Turkish Cypriot fruit and veg undercutting local producers? Minister plays down fears
By Stefanos Evripidou

COMMERCE Minister George Lillikas sought to calm down fears yesterday that Turkish Cypriot products were flooding the market with cheaper prices, as a result of trade between the two communities based on the Green Line Regulation (GLR).

Reports emerged yesterday that Turkish Cypriot fruit and vegetables were replacing Greek Cypriot products on the supermarket shelves, with one producer complaining of unfair competition because of lower costs in the north.

Lillikas told reporters that there was no reason to worry, saying: �Those spreading panic are harming our case, and not being realistic, because the quantities of products produced in the north and allowed to be traded are very small compared to the products we produce.�

The minister noted that increased trade between the two sides and going both ways was beneficial to the country and the political environment, and could be built on to reunify the island."

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