
CLEAN : Turkish Cypriots push private sector despite embargo
Interactive Video
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Business, Social Studies, Economics
•
9th - 10th Grade
•
Hard
Wayground Content
FREE Resource
The video discusses the economic and logistical challenges faced by Northern Cyprus due to UN-imposed embargoes, including difficulties in exporting goods and receiving direct flights. In 2009, there were no support programs for SMEs and craftsmen. The government offers tax-free incentives for construction materials, but the economy struggles due to currency devaluation and high foreign exchange rates.
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3 mins • 1 pt
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