Connect with us

Europe

EU approves sanctions against Turkey

Published

on

Negotiation of Turkey and European Union

The EU Foreign Affairs Council on Monday set the framework conditions for restrictive measures in response to Turkey unauthorized drilling operations in the Eastern Mediterranean.

“The framework will allow sanctions to be imposed on individuals or organizations responsible for or involved in unauthorized hydrocarbon drilling activities in the Eastern Mediterranean,” the EU Council communiqué circulated in Brussels says.

It states that the sanctions will include a ban on travel to the EU for individuals and a freeze on banking assets for individuals and legal entities.

The document explains that under these sanctions, individuals or legal entities responsible for drilling operations related to the exploration and production of hydrocarbons that were not authorized by Cyprus within its territorial waters, exclusive economic zone or continental shelf may be introduced.

In addition, restrictive measures may be imposed on individuals or legal entities that provide financial, technical or material support to relevant drilling operations, as well as on individuals or legal entities associated with them.

The EU Council recalled that “this decision is a direct continuation of the Council’s conclusions of October 14, 2019, which were approved by the European Council on October 17-18, 2019, when the EU reaffirmed its full solidarity with Cyprus regarding respect for its sovereignty and sovereign rights in accordance with international  “and ordered the (European) Commission and the European Foreign Service to submit proposals on a basis for restrictive measures.”

It was previously reported that on July 15, the Council of the European Union at the level of foreign ministers approved sanctions against Turkey due to the actions of Ankara in the exclusive economic zone of Cyprus.

Large reserves of hydrocarbons have been discovered in the Cyprus Exclusive Economic Zone (EEZ) and on the continental shelf.  The Turkish leadership disputes the borders of the Cyprus EEZ and states that Ankara has the right to natural resources in the region.  From the beginning of May, Turkey sent two Fatih and Yavuz drilling rigs there and intended to conduct exploration work until September 2019.

Trending

Sitemap | Copyright © 2018-2019 theforeigncode.com