Akansoy: Cyprus Holds Geo-Economic Importance Alongside Geopolitical Significance

Akansoy noted that the globalization process, which began in the 1990s, has failed to meet expectations and deepened inequalities. He emphasized that powerful countries are aggressively pursuing solutions to regional issues and raised concerns about the European Union’s role as an effective entity in the 21st century.

"An Unpredictable Era"

Describing the current period in international relations as unpredictable, Akansoy stressed that global stability could only be achieved through the reorganization of international positions or the establishment of new transnational institutions. Touching on China’s New Silk Road Project and India’s Europe IMEC corridor project, he underscored the regional impact of these initiatives and emphasized Cyprus's evolving geo-economic importance.

Regional Developments and Border Issues

Akansoy projected that after stability is established in Syria, Iran will become a focal point in regional discussions. He criticized the progress of Middle Eastern developments as being driven by the interests of major powers, stressing that the decision-making process should belong to the region’s people. He argued that societal transformation should be driven by local communities rather than external impositions.

On the Cyprus issue, Akansoy shared that the UN is expected to call for an extended meeting between the parties, possibly in late January or early February. He noted ongoing work on crossing points and stated that a resolution depends not only on the will of President Nikos Christodoulides and TRNC President Ersin Tatar but also on the UN framework and the role of guarantor states.

"We Must Make Our Own Decisions"

Akansoy warned against an externally imposed solution similar to that of 1960, emphasizing that the will of Cypriot communities should be decisive in the process. He highlighted the need to address the representation shortcomings of Turkish Cypriots and noted that Turkey’s proactive political moves in the Eastern Mediterranean are expected to continue. He also suggested that any solution would likely involve the EU extending certain benefits to Turkey, though Turkey may not act without securing gains in the region's natural gas resources.

Economic Criticism and Reforms

Discussing budget deliberations, Akansoy criticized the lack of public investment planning for 2025, noting a decline in the education budget compared to the previous year. He expressed intent to implement a "stable accounting unit" to protect purchasing power and called for stronger measures against the informal economy.

"Strong steps must be taken to safeguard people's purchasing power," Akansoy concluded.