Cyprus Exports Narrow Gap Aid Economy Growth
Cyprus plans to supplant Lebanon as main Middle East trading partner with an export push. Dr Tacores Aristidou of the Cyprus Planning Board says the import export gap is narrowing, unemployment falling, and new industries rising as a free trade zone develops. Exports to European and Arab markets rise in fruits, clothing, wine, and footwear amid inflation and postwar challenges. Unofficial estimates place Cyprus trade through Lebanon at 100 to 150 million annually, while 1976 exports are expected to top 180 million.
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Tacores Aristidou
Cyprus Planning Board
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Aristidou
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