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Cyprus: Potato board ready to hand over to private marketers

Potato board ready to hand over to private marketersThe Cyprus Potato Marketing Board (CPMB) is ready to hand over its tasks to the private sector under the condition that the government transfers the assets of its packaging plant to the new private marketers to help them stay afloat, the head of the CPMB Michalis Lytras said on Thursday. Dismissing press reports that the recent cabinet decision which extends the operation of the CPMB for another year, favours a certain family, he said that there is no ‘potato dynasty’ running the local produce exports. The CPMB was established in 1964 as a semi-government organisation tasked to promote local potato produce to international markets. In 2004, when Cyprus joined the EU, the potato market was liberalised and the government had ruled that the CPMB was to be closed down by June 2015. More

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