EU threatens to impose sanctions against Turkey over Cyprus drillingJuly 11, 2019 - 16:29 AMT PanARMENIAN.Net - The European Union is set to curb contacts and funding for Ankara in retaliation for what it calls Turkey’s “illegal” drilling for gas and oil off Cyprus and stands ready to ramp up sanctions further, a draft statement seen by Reuters shows, according to Reuters. In trying to take Ankara to task over what the EU sees as Turkish interference with Cyprus’ exclusive economic zone, the bloc is walking a thin line, careful not to antagonise an important partner. “Despite our best intentions to keep good neighbourly relations with Turkey, its continued escalation and challenge to the sovereignty of our Member State Cyprus will inevitably lead the EU to respond in full solidarity,” Donald Tusk, president of the European Council of ministers, said on Wednesday. On Thursday, national envoys in Brussels were discussing a joint decision to punish Turkey, a draft of which said: “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 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. It added that the EU would be ready to introduce more restrictive measures against Turkey should Ankara continue drilling. In 2014-20, the EU was due to give Turkey 4.45 billion euros ($5 billion) for political reforms, agriculture and other projects to help it prepare for eventual membership of the bloc. But last year, Brussels took away 175 million euros in protest at what it saw as deteriorating human rights in Turkey. The EU has said Ankara under President Tayyip Erdogan is moving further away from the bloc. But, as the bloc needs Turkey in matters such as security and migration, an EU diplomat involved in the latest discussions told Reuters any future sanctions would be limited. Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | Armenian, Saudi Foreign Minister meet in Riyadh The two commended the positive dynamics of the development of political dialogue between Armenia and Saudi Arabia Pashinyan: Azerbaijan’s proximity shouldn’t worry border residents At the same time, he said that he “does not guarantee [the security of villagers] one hundred percent”. U.S. doesn’t see Russia as contributing to peace in Caucasus Patel made the remarks when asked about the implications of Russia’s withdrawal of peacekeepers from Karabakh. Up to 1% cashback when shopping on Wildberries with IDBank cards IDBank is launching an exclusive campaign on Wildberries for online shopping enthusiasts. |