Cyprus Property Dispute Linked to Economic Stability, Says KTİMB Chairman

KTİMB Chairman Cafer Gürcafer argued that a resilient economy requires a secure legal foundation, identifying the unresolved property issue in Cyprus as a major obstacle. He called for a permanent, comprehensive solution to the Cyprus problem, emphasizing that such a settlement would boost social welfare, modern living standards, and overall economic sustainability. Gürcafer also noted Turkey’s support for the new process, hoping it will bring peace, stability and protect the rights of the Turkish Cypriot community.

The statement underscores the belief that political resolution of long‑standing disputes is essential for long‑term economic growth in the region.