EU signals sanctions on Turkey over Cyprus drilling

12 July 2019
137 Views

The European Union will put on hold high-level talks with Ankara and negotiations on an air transport agreement, as well as freezing funding for Turkey next year, over “illegal” drilling for gas and oil off Cyprus, according to a draft statement seen by Reuters.

The joint EU decision, which may still be changed, is to be discussed among national envoys in Brussels on Thursday with the aim of adopting it when the bloc’s foreign ministers meet on Monday.

“In light of Turkey’s continued and new illegal drilling activities, the (EU) decides to suspend negotiations on the Comprehensive Air Transport Agreement and agrees not to hold further meetings of the high-level dialogues for the time being,” the draft said.

“The Council endorses the (European) 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,” it said.

You may be interested

EU order for Apple to pay €13bn tax bill to Ireland “defies reality and common sense”
WORLD
shares9 views
WORLD
shares9 views

EU order for Apple to pay €13bn tax bill to Ireland “defies reality and common sense”

Panos - Sep 19, 2019

The European Union’s order for Apple to pay €13bn in back taxes to Ireland “defies reality and common sense”, the…

Next for Turkey? Nuclear Weapons!
DEFENCE
shares13 views
DEFENCE
shares13 views

Next for Turkey? Nuclear Weapons!

Panos - Sep 19, 2019

During the 17 years he has ruled NATO-member Turkey, the country’s Islamist strongman, President Recep Tayyip Erdoğan, has rarely missed…

Archaeologists unearth amazing 3,200-year-old sword at a Bronze Age site in Spain
GREECE
shares18 views
GREECE
shares18 views

Archaeologists unearth amazing 3,200-year-old sword at a Bronze Age site in Spain

Panos - Sep 19, 2019

Archaeologists working on the Spanish holiday island of Majorca (Mallorca) have made a surprising discovery. They came across a 3,200-year-old…

Leave a Comment

Your email address will not be published.