It was founded in 2003 as an economically right-wing, socially liberal party to promote the reunification of Cyprus under the Annan Plan.
The party was founded on 21 August 2003 with Ali Erel, the head of the Turkish Cypriot Chamber of Commerce at the time, as its president.
[1] It issued an open call for candidates on 13 October 2003 for the parliamentary election on 15 December.
[5] The party's raison d'être was to support the reunification of Cyprus under the terms of the Annan Plan, and therefore to ensure EU membership for Turkish Cypriots.
[5] Erel, its founding president, stated that it was intended as a liberal and economically right-wing pro-solution alternative, as all other parties supporting reunification at the time (spearheaded by the Republican Turkish Party) were of leftist origins.