The European Council to Impose Sanctions over Turkish Drilling Operations near Cyprus

World » EU | November 13, 2019, Wednesday // 11:32| Views: | Comments: 0
Bulgaria: The European Council to Impose Sanctions over Turkish Drilling Operations near Cyprus www.pixabay.com

EU foreign ministers agreed on economic sanctions over Turkish drilling operations near Cyprus, Reuters reported. However, the indication of specific names is left to a later stage.

The decision, reflecting the wider deterioration of EU ties with Turkey, aims to punish Ankara for for violating Cyprus’ maritime economic zone by drilling off the divided island. It follows a separate decision to stop new arms sales by EU governments to Turkey over Ankara’s Oct. 9 incursion into Syria.

Turkey, which is officially a candidate for EU membership, says it operates in waters off its own continental shelf or areas where Turkish Cypriots have rights.

Today, the Council adopted a framework for restrictive measures in response to Turkey's unauthorised drilling activities in the Eastern Mediterranean. The framework will make it possible to sanction individuals or entities responsible for or involved in unauthorised drilling activities of hydrocarbons in the Eastern Mediterranean.

The sanctions will consist of a travel ban to the EU and an asset freeze for persons, and an asset freeze for entities. In addition, EU persons and entities will be forbidden from making funds available to those listed, The European Council said in a press release.

Two EU diplomats said the staged approach gives Turkey a chance to end the “illegal" drilling activities before any measures come into force. If the sanctions are imposed, the Turkish military and captains of vessels engaged in the activities are likely to be affected, diplomats said.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

EU » Be a reporter: Write and send your article
Tags: European Council, drilling, sanctions, turkey, Cyprus
Advertisement
Advertisement
Expats.bg All Are Welcome! Join Now!
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria