FRIDAY, 23 AUG 2019

 

CONNECT

Facebook Linked In Twitter
GAP_Group_2019_728x90px
Invest Cyprus 30/04-30/03/2019
IMH LTD

Savvas Perdios: News in September Over Flights to Cyprus and German Market

Prodromou: OCCRP Report Acknowledges that Cyprus President did not Break the Law

IMH LTD
GAP_Group_2019_468x60px

POLITICS

brought to you by Deloitte

The EU28 Adopted Measures Against Turkey's Illegal Drilling In Cyprus' EEZ

The EU28 Adopted Measures Against Turkey's Illegal Drilling In Cyprus' EEZ

The EU Foreign Ministers endorsed, without any changes the conclusions prepared by the permanent representatives, concerning Turkey’s illegal drilling in the Exclusive Economic Zone (EEZ) of Cyprus, cutting the EU pre-accession assitance for 2020, suspending EU- Turkey high political dialogues and stopping European Investment Bank’ lending activities in the country, the Cyprus News Agency reports.

More specifically, according to the conclusions seen by CNA:

"In light of Turkey’s continued and new illegal drilling activities, the Council decides to suspend negotiations on the Comprehensive Air Transport Agreement and agrees not to hold the Association Council and further meetings of the EU-Turkey high-level dialogues for the time being"

"The Council endorses the Commission’s proposal to reduce the pre-accession assistance to Turkey for 2020 and invites the European Investment Bank to review its lending activities in Turkey, notably with regard to sovereign-backed lending".

Finally, "the Council remains seized of the matter and, in accordance with the European Council conclusions of 20 June, invites the High Representative and the Commission to continue work on options for targeted measures in light of Turkey’s continued drilling activities in the Eastern Mediterranean", stating that "the Council will closely monitor developments and will revert to this issue as appropriate".

According to the final text seen by CNA the 28 recall "the Council conclusions of 18 June 2019 and previous European Council conclusions, notably those of 20 June 2019", and "deplores that, despite the European Union`s repeated calls to cease its illegal activities in the Eastern Mediterranean, Turkey continued its drilling operations west of Cyprus and launched a second drilling operation northeast of Cyprus within Cypriot territorial waters".

The Council reiterates "the serious immediate negative impact that such illegal actions have across the range of EU-Turkey relations. The Council calls again on Turkey to refrain from such actions, act in a spirit of good neighbourliness and respect the sovereignty and sovereign rights of Cyprus in accordance with international law".

Furthermore, "the Council, welcoming the invitation by the Government of Cyprus to negotiate with Turkey, notes that delimitation of exclusive economic zones and continental shelf should be addressed through dialogue and negotiation in good faith, in full respect of international law and in accordance with the principle of good neighbourly relations".

"The EU remains fully committed to supporting the UN-led efforts to work with the parties with a view to creating the conditions conducive to resuming negotiations on a comprehensive settlement of the Cyprus problem", the text reads.

"In this regard, the Council recalls that it remains crucial that Turkey commits and contributes to such a settlement, including its external aspects, within the UN framework in accordance with relevant UNSC Resolutions and in line with the principles on which the EU is founded and the acquis", the EU 28 state in the same text.

According to EU sources, the Council will publish the above text around 22:00 CET.

High Representative Federica Mogherini, refrained from commenting on the decisions during the Council’s Press Conference and said that the EU28 have adopted conclusions that would be available to the Press later on.

MORE ON POLITICS

Cabinet Meeting Convenes In Troodos

The Cabinet convenes today at 10.30am local time (7.30am GMT), at the presidential summer ...

Prodromos Prodromou: US State Department's Position on Yavuz Activities is Supportive to Cyprus

Government Spokesman, Prodromos Prodromou, has told the Cyprus News Agency that the ...

US Considers Activities of Yavuz as Unlawful

The United States considers the activities of Turkish drillship Yavuz off the ...

FROM AROUND GOLDNEWS

   

Celebrating 20 Years of the Porsche 911 GT3

The unveiling of the first Porsche 911 GT3 in March 1999 at the Geneva Motor Show signalled the start of a new era for discerning sports car drivers. Like ...
   

EU Migration to UK at Lowest Level Since 2013, Disputed Data Shows

Immigration to the UK from the EU remains at its lowest level since 2013, according to disputed estimates from the Office for National Statistics, The Guardian ...
   

Nicosia Mall Deal for €96 Million

The Bank of Cyprus, after monthly negotiations, has reached an agreement to sell its 64 % share in the Nicosia Mall. The agreement between the Bank and the ...
   

Spar Cyprus Adds Two New Stores to Its Network

Spar Cyprus has announced that it has converted two former Debenhams Food Hall outlets in Nicosia and Limassol to Spar supermarkets, the European Supermarket ...
   

Ryanair Fails in Court Attempt to Stop 48-Hour Strike by UK Pilots

Ryanair has failed in a legal effort to prevent a 48-hour strike by British pilots in the run-up to the bank holiday weekend, but claimed passengers were ...
   

Johnson and Macron to Hold ‘Frank’ Brexit Talks in Paris

French observers fear Britain’s PM is setting up France to take blame over no-deal departure, The Guardian reports. Emmanuel Macron will hold a ...
   

Cabinet Decides to Set Up Investment Fund, ‘Estia” Scheme to Start Operating on September 2

The Cabinet decided on Wednesday to set up an Investment Fund, following a relevant proposal made by the Finance Minister, with the state contributing to the ...
   

Prodromou: OCCRP Report Acknowledges that Cyprus President did not Break the Law

The report of OCCRP (Organized Crime and Corruption Reporting Project) acknowledges from the beginning that the President of Cyprus Nicos Anastasiades has no ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

Taxatelier_09/08/-06/09_300X250px
GloriaJeans_300x250px

IMH LTD