Cyprus and Northern Cyprus

House of Lords written question – answered on 7th January 2014.

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Photo of Lord Sharkey Lord Sharkey Liberal Democrat

To ask Her Majesty’s Government what support, financial or otherwise, they have given to Cyprus in each of the last five years; what proportion of any such support was targeted at Northern Cyprus; and what assessments they have made of the effects of the various elements of any support.

Photo of Lord Deighton Lord Deighton The Commercial Secretary to the Treasury

The British Government continues to strongly support all efforts to achieve a comprehensive solution to the division of Cyprus. In the past five years, UK cooperation with Cyprus has included support during the management of the financial crisis and helping prepare the Turkish Cypriot community to reach and implement a comprehensive settlement to the division of Cyprus, as well as capacity-building in a range of areas, from road safety to tackling football hooliganism.. Significant programmes include:

• The EU Aid Programme for the Turkish Cypriot community has a budget of €310.65 million (£258.70 million) over the period 2006- 2012. EU Member States contribute to the EU Budget as a whole and not to individual spending programmes within it. For reference, the UK's post-abatement financing share of the total budget is estimated to be around 12.5% in 2013.• UK projects in support of the EU Aid Programme amount to approximately £2.5m in the last five years.• The Government of Cyprus agreed a €10 billion (£8.3 billion) financial assistance programme with the euro area and International Monetary Fund in March 2013. As an IMF shareholder, the UK contributes indirectly to this through the IME's €1 billion (£0.83 billion) loan. The UK lends to the IMF as an institution and not to particular programmes; therefore, it is not possible to provide an exact estimate of the UK's contribution to individual IMF programmes.• HM Government provided technical assistance to the Government of Cyprus during the Cypriot financial crisis. This included a team of UK officials going to Cyprus.• The UK has implemented several bilateral cooperation projects with the Republic of Cyprus in the last five years, with a total spend of £140,000. In 2013-14, the public sector reform element of this is expected to amount to £75,580.• The UK has also directly contributed approximately £189,100 to the work of the Committee for Missing Persons in Cyprus since 2006.

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