The old currency restrictions were enough to frighten away many visitors.
The first step in lifting the currency restrictions will come July 1, the finance ministry said.
Since the mid-20th century, nations have increasingly reduced tariff barriers and currency restrictions on international trade.
There are no currency restrictions on the amount of money that visitors can bring in.
But how one decides to cope with currency restrictions is largely a matter of conscience.
Until the early 1980's, currency restrictions made it difficult for Turks to travel to other countries.
However, because of currency restrictions they were unable to invest abroad.
However, the currency restrictions were no more stringent than those for British citizens after 1945.
The island had no currency restrictions, and the customs officials were used to travelers carrying large sums.
Whether they were to blame or not, the currency restrictions were relaxed somewhat on Tuesday.