Mexico's inflation exceeds expectations in 1st half of April    Egypt's gold prices slightly down on Wednesday    Tesla to incur $350m in layoff expenses in Q2    GAFI empowers entrepreneurs, startups in collaboration with African Development Bank    Egyptian exporters advocate for two-year tax exemption    Egyptian Prime Minister follows up on efforts to increase strategic reserves of essential commodities    Italy hits Amazon with a €10m fine over anti-competitive practices    Environment Ministry, Haretna Foundation sign protocol for sustainable development    After 200 days of war, our resolve stands unyielding, akin to might of mountains: Abu Ubaida    World Bank pauses $150m funding for Tanzanian tourism project    China's '40 coal cutback falls short, threatens climate    Swiss freeze on Russian assets dwindles to $6.36b in '23    Amir Karara reflects on 'Beit Al-Rifai' success, aspires for future collaborations    Ministers of Health, Education launch 'Partnership for Healthy Cities' initiative in schools    Egyptian President and Spanish PM discuss Middle East tensions, bilateral relations in phone call    Amstone Egypt unveils groundbreaking "Hydra B5" Patrol Boat, bolstering domestic defence production    Climate change risks 70% of global workforce – ILO    Health Ministry, EADP establish cooperation protocol for African initiatives    Prime Minister Madbouly reviews cooperation with South Sudan    Ramses II statue head returns to Egypt after repatriation from Switzerland    Egypt retains top spot in CFA's MENA Research Challenge    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    EU pledges €3.5b for oceans, environment    Egypt forms supreme committee to revive historic Ahl Al-Bayt Trail    Debt swaps could unlock $100b for climate action    Acts of goodness: Transforming companies, people, communities    President Al-Sisi embarks on new term with pledge for prosperity, democratic evolution    Amal Al Ghad Magazine congratulates President Sisi on new office term    Egypt starts construction of groundwater drinking water stations in South Sudan    Egyptian, Japanese Judo communities celebrate new coach at Tokyo's Embassy in Cairo    Uppingham Cairo and Rafa Nadal Academy Unite to Elevate Sports Education in Egypt with the Introduction of the "Rafa Nadal Tennis Program"    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Turkey says EU funding cuts will not affect its drilling off Cyprus
Published in Ahram Online on 16 - 07 - 2019

Turkey plans to send a fourth ship to waters off Cyprus to search for gas and oil despite European Union moves to curb contacts and funding for Ankara over the issue, the foreign ministry said on Tuesday.
“The decisions will not affect in the slightest our country's determination to continue hydrocarbon activities in the Eastern Mediterranean,” the Turkish Foreign Ministry said.
The dispute stems from overlapping claims to regional waters by Turkey and Cyprus linked to the split of the island between Greek and Turkish Cypriots. Ankara rejects agreements the internationally recognized Cypriot government has reached with other Mediterranean states on maritime economic zones.
Turkey has told energy firms not to work with the Cypriot government and sent ships to drill off the island, divided since a Turkish invasion in 1974 triggered by a Greek-inspired coup.
EU foreign ministers on Monday suspended negotiations on the Comprehensive Air Transport Agreement and agreed not to hold the Association Council and further meetings of the EU-Turkey high-level dialogues for the time being.
It also endorsed a proposal to reduce the pre-accession assistance to Turkey for 2020 and invited the European Investment Bank to review its lending activities in Turkey, notably with regard to sovereign-backed lending.
The EU's failure to mention Turkish Cypriots in its decisions “showed how biased and partisan the EU is on the subject of Cyprus,” the ministry said in a statement.
TURKEY TO SEND FOURTH SHIP
Turkey has no diplomatic relations with the internationally recognized Cypriot government and is the only country which recognizes the breakaway state in the north of the island.
Cyprus says Turkey's drilling operations are contrary to international law and that decisions on hydrocarbons are its sovereign right.
Nicosia also rejected an offer by the breakaway north for talks on sharing gas reserves, calling it a thinly-disguised attempt to divert attention away from the need to resume peace talks for a comprehensive settlement to the islands' division.
“Mr Akinci's proposal seeks to deflect away from the real issue, which is how to solve the Cyprus problem,” said Cypriot government official Vassilis Palmas, referring to Turkish Cypriot leader Mustafa Akinci.
Discovery of hydrocarbons has added a new twist to one of the oldest conflicts on the United Nations agenda, spanning more than half a century.
On Sunday, Turkish Foreign Minister Mevlut Cavusoglu said Turkey will continue drilling if the Cypriot government does not accept a Turkish Cypriot cooperation proposal.
And in North Macedonia on Tuesday, Cavusoglu dismissed the EU steps, telling a news conference in Skopje: “There is no need to take it very seriously. These are simple things. These aren't things that will impact us.”
“We have three ships there, God willing we will send a fourth ship to the eastern Mediterranean as soon as possible. Let them understand that they cannot deal with Turkey with such methods,” he added.
The Turkish ship Fatih started drilling off western Cyprus in May. A second drilling ship, Yavuz, arrived off the northeastern coast this month.
Turkish seismic research vessel Barbaros Hayrettin Pasa is currently south of Cyprus, while the fourth ship will also be a seismic research vessel called Oruc Reis, Turkey's energy minister said.
An EU diplomat told Reuters Ankara could lose some 150 million of 400 million euros the bloc had earmarked for 2020 for everything from political reforms to agriculture projects to help Turkey prepare for eventual EU membership.
The EU had been due to give Turkey 4.45 billion euros between 2014 and 2020, but it cut and suspended some funding last year. It has frozen membership talks and negotiations on upgrading its customs union with Turkey, accusing President Tayyip Erdogan of grave violations of human rights.


Clic here to read the story from its source.