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"If we miss this opportunity, we may not find one again," Talat told Reuters in an interview.
Re-launched in September 2008 after a four-year hiatus, Talat and his Greek Cypriot counterpart, Demetris Christofias, have been involved in UN-sponsored unification talks aimed at reaching an agreement to end the island's decades-long division. But little progress has been made so far.
The talks mark the first major push for peace since the failure of a U.N. reunification plan in 2004, which was approved by Turkish Cypriots but overwhelmingly rejected by Greek Cypriots.
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"My target is for a solution by the end of the year, and a referendum at the beginning of 2010," said Talat. "The chance (of a solution by then) is quite high."
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U.N. chief Ban Ki-moon urged the leaders of the divided Mediterranean island to accelerate peace talks in a report released last week.
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