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Cyprus PIO: News Update in English, 99-02-12

Cyprus Press and Information Office: News Updates in English Directory - Previous Article - Next Article

From: The Republic of Cyprus Press and Information Office Server at <http://www.pio.gov.cy/>

Friday, 12 February 1999


CONTENTS

  • [01] Verheugen:The non-deployment of Russian missiles assists in the de- escalation of tension in Cyprus
  • [02] Trade deficit increases
  • [03] Van den Broek: Recent developments positive for Cyprus


[01] Verheugen:The non-deployment of Russian missiles assists in the de- escalation of tension in Cyprus

The European Union expresses its satisfaction over President Clerides/ recent decision not to deploy the S-300 anti-aircraft missiles in Cyprus and considers that the decision sends a powerful message to cease the arms race, the German Minister for European Affairs Mr. Verheugen stated yesterday.

Replying to a relevant question during this week/s plenary session of the European Parliament in Strasbourg, Mr Verheugen speaking on behalf of the European Union/s German Presidecy noted that the decision assists in the deescalation of tension on the island, adding that «we have now the possibility of promoting a permanent solution to the Cyprus problem based on UN Security Council Resolutions 1217 and 1218». The German Minister also stated that the European Council/s aim is to see the accession negotiations with Cyprus act as a catalyst for a solution to the Cyprus problem or even be at the origin of an eventual solution.

[02] Trade deficit increases

Cyprus/ trade deficit increased in the first eleven months of 1998 by 6,5 per cent mainly as a result of a fall in exports.

According to a report released yesterday by the Department of Statistics and Research, total exports in the fist eleven months of last year decreased by 13,3 per cent to £514,2 million compared to £593,2 million pounds for the same period the previous year.

In the same period of 1998, total imports decreased by 0.3 per cent to £1, 738.4 million.

As a result, the trade deficit from January to November 1998 reached £1, 224.1 million compared to £1,149.5 million for the same period in 1997.

[03] Van den Broek: Recent developments positive for Cyprus

President Clerides/decision to cancel the installation of the Russian S-300 anti-aircraft missiles on the island has had a positive impact in the reduction of tension in Cyprus,stated last Tuesday the European Commissioner for External Affairs Mr. Hans van den Broek.

Replying to questions put forward by Greek Euro MPs, during the European Parliament/s last plenary session in Strasbourg. Mr Van den Broek stressed that the decision contributed also in the reduction of tension in Greco- Turkish relations and gave a positive impetus to developments in the Cyprus problem.

Describing President Cleride/s decision as a «wise and courageous act», the European Commissioner added that the European Union would expect both Turkey and the Turkish Cypriot community to make some steps forward to that direction.


From the Republic of Cyprus Press and Information Office (PIO) Server at http://www.pio.gov.cy/


Cyprus Press and Information Office: News Updates in English Directory - Previous Article - Next Article
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