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WEEKLY NEWSLETTER
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Cyprus
Index
Manufacturing, the largest component of the secondary
sector,
consisted mainly of light manufacturing. Government
policies,
especially since the events of 1974, had long aimed at
strengthening light manufacturing and increasing its
export
production. The trade agreement with the EEC that went
into effect
in 1988 could have momentous effects on this subsector,
most
obviously in removing the tariffs that had protected
Cypriot
manufacturing from foreign competition. Energy production
and
construction were also significant components of this
sector.
Data as of January 1991
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