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Cyprus has been divided since 1974 (Photo: EUobserver)

US to give financial aid to Turkish Cypriots

Turkish Cypriots will receive 30.5 million dollars (25 million euro) in aid this year from the US in order to help ease their isolation following the rejection of a UN peace plan by the Greek Cypriots in April.

The announcement from the US comes a few days after the European Commission proposed establishing direct trade between the EU and the Turkish Cypriots and offered a financial assistance package of 259 million euro for the period 2004-2006.

The US on Thursday welcomed the Eu...

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Cyprus has been divided since 1974 (Photo: EUobserver)

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