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Tuesday, 16 April 2024
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Cyprus News Agency: News in English, 10-07-22Cyprus News Agency: News in English Directory - Previous Article - Next ArticleFrom: The Cyprus News Agency at <http://www.cyna.org.cy>CONTENTS
[01] FOREIGN MINISTRY - KOSOVO - ANNOUNCEMENTThe Republic of Cyprus has said that the argumentation used by the International Court of Justice on its advisory opinion as regards the unilateral declaration of independence by Kosovo, differentiates the issue of Cyprus from that of Kosovo.In a statement issued on Thursday by the Ministry of Foreign Affairs, it is stated that Cyprus` position on the matter is a position of principles and reaffirms its unwavering position of respect to the sovereignty and territorial integrity of Serbia, which includes the Kosovo and Metohija province. The Cyprus Republic calls upon both parties, the Republic of Serbia and Kosovo under UNSC Resolution 1244/99 to relaunch dialogue for finding a mutually acceptable solution to the issue of Kosovo, enabling thus stability and peace to prevail in the region. The statement says that the Republic of Cyprus notes Thursday`s announcement by the International Court of Justice of its advisory opinion on the unilateral declaration of independence by the Provisional Institutions of Self-Government of Kosovo, which was requested by the United Nations General Assembly Resolution 63/3 of 8 October 2008. ``We consider this long legal process to have been a very challenging exercise in international law in which Cyprus has taken part`` it is added. It is also stated that the advisory opinion is currently being thoroughly studied by the Legal Service of the Republic of Cyprus, as well as the Foreign Ministry. ``The Republic of Cyprus preliminary notes that the argumentation used by the Court differentiates the issue of Cyprus from that of Kosovo`` the statement concludes. Cyprus has been divided since 1974, when Turkish troops invaded and occupied 37% of its territory. [02] MINISTER VITOL GROUP INVESTMENTPlans to build a major state-of-the-art oil import and distribution terminal in the industrial area of Vassiliko were announced on Thursday in Nicosia, with Minister of Finance Charilaos Stavrakis describing the day as ``a very special day for the economy of Cyprus.``The terminal at Vassiliko, which is expected to be completed in 2012 at an investment exceeding EUR 100 million, will have 20 tanks with a total capacity of 347,000 cubic metres in phase 1, for gasoline, diesel, jet fuel and fuel oil, and will include four to six jetties. It will be used to import products from the international market, supply products to the domestic market, and trade with the regional market, and will provide the opportunity to expand the storage. Addressing a press conference, Stavrakis said ``today is a very special day for the economy of Cyprus,`` with an investment of 100 million EUR for phase 1 and possibly a further 100 million EUR for phase 2, the creation of a thousand new jobs for the construction of the terminal and many new jobs to operate it, and financial benefits for the state, apart from the fact that new technology was being introduced to the island. Cyprus News Agency: News in English Directory - Previous Article - Next Article |
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