EU Slaps Sanctions on Turkey Over Gas Drilling Off Cyprus
Tuesday, 16 July 2019 17:06 WIB | GLOBAL |Global

European Union foreign ministers on Monday turned up the pressure on Turkey after approving an initial batch of sanctions against the country over its drilling for gas in waters where EU member Cyprus has exclusive economic rights.

The ministers said in a statement that in light of Turkey's "continued and new illegal drilling activities,'' they were suspending talks on an air transport agreement and would call on the European Investment Bank to œreview'' it's lending to the country.

They also backed a proposal by the EU's executive branch to reduce financial assistance to Turkey for next year. The ministers warned that additional "targeted measures'' were being worked on to penalize Turkey, which started negotiations to join the EU in 2005.

Turkey's Foreign Minister Mevlut Cavusoglu issued his own warning last week that his country would step up drilling activities off Cyprus if the EU moved ahead with sanctions.

Two Turkish vessels escorted by warships are drilling for gas on either end of ethnically divided Cyprus.

The EU ministers repeated the "serious immediate negative impact'' that Turkey's illegal actions are having on EU-Turkey relations and called on Ankara to respect Cyprus' sovereign rights in line with international law.

They also welcomed the Cypriot government's invitation to Turkey to negotiate the borders of their respective exclusive economic zones and continental shelf.

Source : VOA

RELATED NEWS

South Korea to Scrap Military Intel Sharing Deal with Japan
Thursday, 22 August 2019 23:24 WIB

In an escalation of its bitter dispute with Japan, South Korea decided Thursday to scrap a military intelligence sharing agreement with Tokyo, opening a new divide in trilateral security cooperation between the U.S., Japan, and South Korea. South Korea™s presidential Blue House said Thursday it i...

Trump Says He Wants Russia Back at G-7 Summits
Thursday, 22 August 2019 17:14 WIB

U.S. President Donald Trump said Wednesday he wants Russia back at the Group of Seven summits of the world's leading economies, even though it still controls Ukraine's Crimean Peninsula. Moscow was booted from the group over its unilateral 2014 annexation of the peninsula. As the G-7 leaders head ...

2 US Service Members Killed in Afghanistan
Thursday, 22 August 2019 10:41 WIB

Two U.S. service members were "killed in action" Wednesday in Afghanistan, the U.S. military said, as talks between the U.S. and the Taliban were set to resume in Qatar. U.S. officials confirmed this was an active combat situation but would not say which enemy the U.S. troops were fighting. An offi...

Trump Delays Denmark PM Talks Over Lack of Interest in Greenland Sale
Wednesday, 21 August 2019 23:50 WIB

President Donald Trump announced Tuesday that he is postponing a planned meeting with Denmark's prime minister due to her lack of interest in selling Greenland to the United States. "Based on Prime Minister Mette Frederiksen's comments, that she would have no interest in discussing the purchase of ...

Pentagon: State Dept Approves Possible $8B Fighter Jet Sale to Taiwan
Wednesday, 21 August 2019 17:46 WIB

The U.S. State Department has approved a possible $8 billion sale of F-16 fighter jets to Taiwan, the Defense Security Cooperation Agency said on Tuesday in an official notification to Congress. The potential deal is for 66 aircraft, 75 General Electric Co engines, as well as other systems, the age...

ANOTHER NEWS
Oil Set for Weekly Gain on Signs of Trade Thaw, Tighter Supplies
Friday, 23 August 2019 07:50 WIB Oil is on track for a weekly gain, buoyed by signs of a cooling in trade tensions between the U.S. and China and after official data showed a draw down in U.S. crude inventories. Futures in New York were up 0.1%, after falling 0.6% on...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.