Greece has pledged to provide economic aid to Turkish-controlled northern Cyprus, according to a report.
"We will not spare any effort to support them financially," the AFP news agency quoted President Konstandinos Stefanopoulos as saying.
Greece and the international community refused to recognise the Turkish-held Republic of Northern Cyprus created when Turkey seized the area in 1974.
But the region is opening up after residents voted to reunify the island.
EU aid package
In a referendum in April, Turkish Cypriots overwhelmingly voted in favour of ending partition, but reunification plans fell through because Greek Cypriots in the south voted against.
However, many countries have indicated that they will end economic embargoes on northern Cyprus in recognition of its residents' endorsement of reunification.
The European Union has pledged to release almost 260m euros (£170m) to Northern Cyprus in an attempt to end the region's economic isolation.
"Northern Cyprus now has the support of international organizations in the economic sphere," Mr Stephanopoulos told reporters.
"Because of the occupation they were unable to develop normally."
The Greek premier is in Azerbaijan to discuss strengthening trade ties between the two countries, particularly regarding energy supplies.
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