SATURDAY, 19 OCT 2019

 

CONNECT

Facebook Linked In Twitter
Famagusta_Tel_Aviv_07/10-02/12_728x90px
GloriaJeans_266x90px
IMH LTD

Nikos Christodoulides: Stresses Need for A Political Resolution of the Conflict in Syria

Cyprus President Anastasiades Welcomes Solidarity Expressed by The European Council

IMH LTD
GAP_Group_2019_468x60px

POLITICS

brought to you by Deloitte

Nikos Christodoulides: The Eastern Mediterranean Needs a Regional Organisation

Nikos Christodoulides: The Eastern Mediterranean Needs a Regional Organisation

The Eastern Mediterranean is the only region in the world without a regional organization and this is something that we have to work on, Cyprus Foreign Minister said on Thursday evening, the CNA reports.

Addressing the opening of the 4th Annual EMSI Conference, at the University of Nicosia, Christodoulides referred to the geopolitical dynamics of the Eastern Mediterranean and the role of Cyprus as pillar of stability.

As the Minister said, while there are organizations for Europe, the Americas, Asia, Africa and the Arab world, the Eastern Mediterranean is the only region without a regional organization.

Referring to the importance of the Eastern Mediterranean for Europe and the world, the Minister cited a number of factors, such as migration, demographic and social challenges and the region’s energy potential. He also spoke about “the geostrategic value of Cyprus as a bridge between the region and Europe.”

The Minister noted Cyprus’ expanding ties with countries of the Middle East and Gulf regions and made particular reference to the web of trilateral cooperation mechanisms established with Greece and a number of countries, such as Israel, Egypt, Jordan, Lebanon and Palestine.

According to the Minister, energy was the trigger of the trilateral mechanisms and it has continued to be one of their central tenets. He referred, moreover, to the delimitation agreements signed with countries from the region, resulting to greater transparency based on international law and a new economic border structure, as well as to a new framework for dialogue around a concrete shared goal.

He added that trilateral mechanisms are neither exclusionary nor exclusive, nor are they directed against any third country, and they evolve. “We are currently in advanced discussions with some EU member states with a special interest to the Eastern Mediterranean region on their ad hoc participation in certain trilateral cooperation schemes” Christodoulides said. Discussions are also held with Gulf states for creating such mechanisms involving them, with a tailor-made agenda, the Minister added.

Speaking about hydrocarbon discoveries in the region, he said that 2,800 bcm of natural gas have been discovered in the exclusive economic zones of Cyprus, Egypt and Lebanon, when the annual needs of the EU are estimated at 350 bcm.

The presence of energy giants in the region such as ExxonMobil, ΕΝΙ, Total, Noble and Shell are proof of this potential, the Foreign Minister went on and added that “hydrocarbons can become the new coal and steel, in a new regional context.”

Speaking about the Cyprus problem, the Foreign Minister said that a viable solution is a feasible goal and would amplify Cyprus’ bridging capacity. “This would certainly serve the interest of our key partners, of the EU, and certainly of the region itself” he said, noting however that “Cyprus needs to remain a truly independent state, without third-party interference, so as to continue to function as a reliable partner and security provider in the region.”

A round table discussion was held subsequently, with the participation of the Ambassador of Greece Ilias Fotopoulos, the Ambassador of Israel Shmuel Revel and the High Commissioner of India Raghava Krishnaswami Raghavan.

Referring to Turkish activity in Cyprus’ EEZ, Fotopoulos said that Ankara violates the sovereign rights of the Republic of Cyprus and expressed hope that the Turkish government will fall into line with EU decisions.

Revel spoke about the opportunities arising following natural gas discoveries in the region and referred in particular to the establishment of the Eastern Mediterranean Gas Forum in Cairo, saying that this kind of cooperation “is beyond our dreams.”

Raghavan said from his part that “India stands with Cyprus and watches with interest what happens here”, while noting Nicosia’s “immense maturity” while handling the conflict with Turkey.

The 4th EMSI Annual Conference, which concludes Friday, is organized by the School of Law of the University of Nicosia in cooperation with the Eastern Mediterranean Studies Initiative (EMSI), the Cyprus Center for European and International Affairs, the Diplomatic Academy of the University of Nicosia, the Dialogue Chair in Middle Eastern Studies, the Advanced Media Institute, the Black Sea and Eastern Mediterranean Academic Network (BSEMAN), the Friedrich Ebert Stiftung, the Royal Commonwealth Society Cyprus Branch, and the Global Semesters of the University of Nicosia.

Cyprus has been divided since 1974, when Turkish troops invaded and occupied 37% of its territory. Repeated rounds of UN-led peace talks have so far failed to yield results. The latest round of negotiations, in the summer of 2017, at the Swiss resort of Crans-Montana ended inconclusively.

MORE ON POLITICS

Nikos Christodoulides: Stresses Need for A Political Resolution of the Conflict in Syria

Any agreement terminating illegal actions is a particularly positive development, Cyprus ...

Nicos Anastasiades Says He Expects European Council to Endorse Sanctions

The President of Cyprus Nicos Anastasiades expressed on Tuesday his satisfaction over ...

Cyprus FM Satisfied with EU Decision on Targeted Measures Linked to the Turkish Illegal Drilling

Foreign Affairs Minister Nikos Christodoulides expressed his satisfaction with the ...

FROM AROUND GOLDNEWS

   

Financial Services Digital Transformation Forum

Tradesocio is organizing the Financial Services Digital Transformation Forum on Tuesday 26th of November 2019 at the Four Seasons Hotel, in Limassol. ...
   

Turkey to suspend Syria offensive 'to allow Kurdish withdrawal'

Turkey has agreed to a ceasefire in northern Syria to let Kurdish-led forces withdraw, BBC reports. The deal came after US Vice-President Mike Pence and ...
   

Cyprus President Anastasiades Welcomes Solidarity Expressed by The European Council

The President of the Republic of Cyprus, Nicos Anastasiades has welcomed the European solidarity expressed by the European Council and the adoption by the ...
   

Nikos Christodoulides: Stresses Need for A Political Resolution of the Conflict in Syria

Any agreement terminating illegal actions is a particularly positive development, Cyprus Foreign Minister Nikos Christodoulides said on Friday, underlining the ...
   

Elias Neocleous: The Significance of Technology

Elias Neocleous highlighted at the 10th Limassol Economic Forum the issues shaping the agenda of business leaders on the professional services. Firstly, the ...
   

Panicos Nicolaou: The Key for Banks is to Identify Ways to Transform

Panicos Nicolaou, CEO at Bank of Cyprus spoke at the 10th Limassol Economic focusing on where European banking is today and pointed out the structural ...
   

Nicos S. Kyriakides: Challenges in the Professional Services Industry

Nicos S. Kyriakides, Partner and Head of Financial Advisory Services, Deloitte Cyprus, spoke at the 10th Limassol Economic Forum about the issues shaping the ...
   

GOLD Magazine: Investment Services in Cyprus

The investment services sector in Cyprus has been steadily growing in recent years and, since 2012, the volume of assets under management has almost tripled, ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

Millennials_Summit_16/10-20/11_300x250px
Decentralized_02/09-1/11_300x250px

IMH LTD