Free Trial

VP Oktay Discusses  Two-State Solution in Cyprus, Varosha & East Med Drilling

TURKEY
  • * Says We have stated this over and over again ... There are two equal peoples, two equal, sovereign and independent states on the island* Solution presented by Tatar in Geneva, based on sovereign equality and equal international status of the two side, is the most realistic proposal, adding that this proposal had Turkey's full support.
  • Underlined that the international community should review the support given to the Greek Cypriot side, which has no intention for reconciliation, and seriously evaluate the TRNC's proposal
  • Oktay also emphasized Turkey's backing of the TRNC's recent decisions to partially reopen the town of Maras, also known as Varosha, after it had remained abandoned for decades.
  • These moves were in accordance with international law and the TRNC authorities aim to eliminate existing grievances, not to create new ones, said Oktay.
  • On exploration and drilling activities for hydrocarbon reserves in the Eastern Mediterranean, Oktay said: "Turkey has shown that it is determined to protect both its own rights on its continental shelf and the legitimate rights and interests of the Turkish Cypriots, who are the equal and common owners of the Cyprus Island. This determination is still valid today."
  • If the Greek Cypriot administration, which has so far ignored all kinds of constructive solution offers, will resume its unilateral activities, the TRNC will also use its right to continue its activities in its own license areas - Anadolu Agency
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.