The Turkish Republic of Northern Cyprus or Northern Cyprus, the third largest island in the Mediterranean, and the de facto independent state in the northern part of the island of Cyprus, is 65 km south of the Anatolian peninsula. Its independence has not been adopted by any country except Turkey . the country’s surface area is 3.355 km². the capital is Nicosia.
Turkish Republic of Northern Cyprus Economy
Turkish Republic of Northern Cyprus phone code: +90 392
Currency of Turkish Republic of Northern Cyprus: Turkish Lira
Cities of Turkish Republic of Northern Cyprus: Nicosia, Kyrenia and Gazi Magosa.
The economy of the Turkish Republic of Northern Cyprus is composed of trade, tourism and education as well as agriculture and manufacturing industry within the public sector.
TRNC has extensive investment opportunities in agriculture, light industry and services sector. It is possible to benefit from potential growth opportunities by promoting irrigated agriculture and animal husbandry. In an environment where the demand for world food is increasing rapidly, it is possible to develop industrial branches where modern technologies based on agriculture and livestock products are applied.
Developments have been made in the fields of commercial banking, specialized banking and off-shore banking and the financial sector has been tried to be attractive.
Turkish Republic of Northern Cyprus’ Exported Products
The main export items are industry, food industry, minerals, citrus and potatoes.
Turkish Republic of Northern Cyprus’ Imported Products
Imports of natural gas, machinery, petroleum products and other products are important substances.
Turkish Republic of Northern Cyprus Exports Countries
Turkey in the country's exports 62%, England 30%, Middle East 2%, while other countries have a share of 6%.
Turkish Republic of Northern Cyprus Imports Countries
On the import, Turkey 64%, England 26%, 3% Far East countries, USA, 2%, while other countries have a share of 5%
Turkish Republic of Northern Cyprus’ Living Nations
Turks constitute 98.71% of the TRNC people. In addition, there is a 0.5% Greek. The remaining population consists of different ethnic elements, especially the British.
Languages spoken in Northern Cyprus
Official language is Turkish