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Cyprus News Agency: News in English (AM), 98-10-08

Cyprus News Agency: News in English Directory - Previous Article - Next Article

From: The Cyprus News Agency at <>


  • [01] Senator - US arms - Turkish-occupied areas
  • [02] President Clerides - Hungarian Secretary of Foreign Affairs
  • [03] Cyprus Stock Exchange

  • 1045:CYPPRESS:01

    [01] Senator - US arms - Turkish-occupied areas

    Washington, Oct 8 (CNA) -- US Senator, Alfonse D'Amato cites credible information that US defence equipment and services sold or leased to Turkey have been deployed in the Turkish-occupied areas of Cyprus, in violation to US law and requests a "complete report explaining the issue within 30 days".

    In letters to US Secretary of State, Madeleine Albright and Secretary of Defence, William Cohen, D'Amato describes this "new and credible information" as "extremely troubling" and points out that "such deployments of defence articles and services would constitute violations of stated US law".

    According to D'Amato's information, "more that 200 main battle tanks, 400 armoured personnel carriers and dozens of TOW anti-tank missiles and self-propelled howitzers, all sold or leased by the US, have been deployed in the occupation zone since 1994 to modernise and reinforce the Turkish army, illegally occupying northern Cyprus".

    The US Senator stresses that "such deployments would constitute unequivocal violations by the Turkish government of the Foreign Assistance Act of 1961 and the Arms Export Control Act of 1987" and requests:

    "The immediate review of this matter, including the inventory of defence articles and defence services in the occupied zone in northern Cyprus and an on-the-ground determination of the dates of delivery of said articles and services to ensure full compliance with US law."

    He remarks that such deployments "severely complicate the efforts of the US, especially the efforts of the Special Emissary and Special Coordinator for Cyprus, to achieve measurable progress towards a just and lasting settlement in Cyprus, which is a central objective of US foreign policy".

    Turkey has been illegally occupying 37 per cent of Cyprus' territory since it invaded the island in 1974. Ankara has ignored repeated UN resolutions calling for the immediate withdrawal of a 35.000-strong heavily- armed Turkish force from this east Mediterranean island.

    CNA DA/MCH/GP/1998

    [02] President Clerides - Hungarian Secretary of Foreign Affairs

    Nicosia, Oct 8 (CNA) -- Hungary supports a Cyprus solution based on relevant UN resolutions but is not very optimistic of such a development at the present stage, departing Hungarian Ambassador and new Secretary for Foreign Affairs, Janos Herman said here today.

    Speaking after a meeting with President Glafcos CLerides, Herman, who had been accredited Ambassador of Hungary for the last three years, said his visit to Cyprus had two purposes, "to say good-bye as Ambassador and to be introduced as Secretary of Foreign Affairs of the Hungarian Republic".

    The Hungarian official said he discussed with President Clerides bilateral relations and pointed out that "there is very good political cooperation and there is growing business and economic cooperation" which could expand even further.

    He said President Clerides briefed him "on the latest steps around the Cyprus question about the intentions of the Cypriot government to go forward towards a solution based on UN resolutions," while they also touched other international issues, such as the question of Kossovo.

    Invited to comment on the present situation in the Cyprus problem, Herman reaffirmed Hungary's interest in a progress towards a solution based on UN resolutions.

    "Of course I have to add that if you look at the concrete situation today there is no much hope for optimism concerning the immediate breakthrough".

    Asked whether Hungary would support debate on the Cyprus problem at the UN General Assembly, Herman replied:

    "We have to look at the concrete aspects of that question." Turkish troops have been occupying 37 per cent of Cyprus territory since 1974, in violation of repeated UN resolutions calling for their withdrawal.

    CNA MCH/GP/1998

    [03] Cyprus Stock Exchange

    Nicosia, Oct 8 (CNA) -- The Cyprus Stock Exchange (CSE) All Share Index closed at today's stock exchange meeting as follows:
       CSE General Index                          84.71 ( 0.32)
       Traded Value            CYP   953,457
       Sectural Indices
       Banks                   CYP   540,523      98.86 ( 0.36)
       Approved Investment
       Companies               CYP   127,952      59.20 ( 0.36)
       Insurance Companies     CYP   122,905      58.23 ( 1.41)
       Manufacturing Companies CYP    18,385      80.85 (-0.46)
       Tourism Companies       CYP     5,543      68.19 ( 0.04)
       Trading Companies       CYP    10,836      38.87 (-0.13)
       Other Companies         CYP    96,340      77.53 ( 0.41)
    The third column presents the percentage variation of the indices as compared to the last meeting.

    CNA MA/1998
    Cyprus News Agency: News in English Directory - Previous Article - Next Article
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