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Cyprus PIO: News Update in English, 99-07-26

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/>

Monday, 26 July 1999

  • [01] Cyprus question, a serious international problem, says Hannay
  • [02] Imports and exports decrease in January - March 1999 </OL>

    [01] p>

    Britain's Special Envoy for Cyprus, Sir David Hannay has rejected claims by Turkish Premier Bulent Ecevit that the Cyprus problem has been solved through the 1974 Turkish invasion of Cyprus. Sir David, who was speaking during a luncheon meeting on Monday organised by the Coordinating Committee for Turkish Cypriots in London noted that if this is the case ˇwhy do you have to have more troops in Cyprus facing each other along an armed confrontation line? ˇIf it is solved˛ he added, ˇwhy does the Turkish state have to subsidise Northern Cyprus to the tune of several hundred millions every year in an area which should be a zone of prosperity and developments? why have we had so many meetings and negotiations held since then?˛,he asked.

    The British diplomat also referred to the recent initiative undertaken by the Group of Eight on Cyprus, ˇcalling on the parties to the conflict to get round the negotiations table without preconditions.˛

    [02] p>

    Total imports and exports marked a decrease in the first three months of 1999. According to a report, released by the Department of Statistics and Research ,total imports decreased by 9,1 per cent to L423.3 mn as compared with L465.8 mn in January - March of the corresponding period in the previous year.

    Total exports decreased by 27,1 per cent reaching L112.8 mn as compared with L154.8 mn in the same period of the previous year.

    As a result of the above developments, the trade deficit accounted for L310.4 mn compared to L311.0 mn of the same period last year.


    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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