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Turkish Minister slams EU as “world’s most hypocritical institution” October 16, 2012 - 21:12 AMT PanARMENIAN.Net - Turkish Minister of Economy Zafer Caglayan has said, "EU is the most hypocritical institution of all time and the most hypocrite association in the world." As the Journal of Turkish Weekly reported, citing Andalou Agency, speaking at the Elita Oil Factory's opening ceremony in southern province of Adana, Caglayan said, "EU is the most hypocrite union of all time and the most hypocritical association in the world and this hypocrite EU has had Turkey wait at its door for 50 years." Caglayan reminded that Nobel Peace Prize was given to EU this year and he stressed, "Nobel Peace winning EU puts a quota on Turkish products and trucks and applies visa to Turkish businessmen even though Turkey has signed the Customs Union deal with the union. This shame of EU is a crime against humanity while EU visas do not get applied on Brazil, Argentina, Paraguay, Montenegro and Ukraine. So, I refute EU's Nobel Peace Prize as it commits a crime against humanity and creates unfair competition in trade. It is not called peace. If you give EU the prize of hypocrisy, then we will accept it." Turkey's bid to join the bloc has virtually ground to a halt in recent years due to opposition from core EU members and the failure to find a solution to the dispute over the divided island of Cyprus