Cyprus Government to intensify efforts to lift Turkish embargo on shipping, says President
Cyprus President Nicos Anastasiades said yesterday evening that efforts of the government to remove the illegal restrictions imposed by Turkey on Cyprus flag ships, would be intensifying, pointing out that the Turkish embargo was a clear violation of international law. He was addressing the 30th Annual General Meeting of the Cyprus Shipping Chamber, held in Limassol, On his part, addressing the AGM Vice President of the European Community Shipowners’ Associations (ECSA) Claes Berglund said that unilateral actions, such as the Turkish ban on Cyprus ships, were condemned as strongly as possible by ECSA.
Cyprus favours Turkeys EU accession as long as it fulfills its commitments, says FM
Cyprus Foreign Minister Nikos Christodoulides said yesterday that Cyprus wants Turkey in the EU as long as the country follows the European Commissions recommendations. Replying to questions, he pointed out that the accession course can only go forward if Turkey really wants it. He added that what Turkey needs to simply do is to follow all the recommendations made by the Commission, which made reference to the Cyprus problem and to Turkeys violation within Cyprus EEZ. In the meantime, President Anastiasiades expressed his satisfaction over the fact that Europe continues to stand in solidarity with Cyprus, noting that he hopes that Turkey will refrain from any further provocations in Cyprus EEZ to avoid measures taken against her.
Investment funds assets under management rise to Euros 6.7 billion in Q1 2019
Assets Under Management (AUM) of Management Companies and Undertakings of Collective Investments (UCIs) in Cyprus rose to Euros 6.7 billion in the first quarter of 2019, making an increase of 7% compared to the previous quarter of 2018. According to the Cyprus Security and Exchange Commissions (CySEC) quarterly statistical report for Q1 2019, the total nymber of supervised endities reached 187 Undertakings for Collective Investments (UCIs) and Management Companies for UCIs, of which 118 are active, while 83 are Externally Managed UCIs, 64 are Internally Managed UCIs, and 40 are External Managers.
President appoints new Justice and Public Order Minister
Cyprus President Nicos Anastasiades appointed yesterday lawyer George Savvides as the new Justice and Public Order Minister. Savvides was sworn in today during a ceremony at the Presidential Palace. Savvides is succeeding Ionas Nicolaou, who resigned at the beginning of May but remained in this post until the end of the month, at the Presidents request, to complete actions regarding the reform of the justice system. In statements to the press, following a Cabinet meeting on Thursday, the last one which Nicolaou attended as Minister of Justice, President Anastasiades said that Nicolaou was one of the most effective Ministers and among those who worked hard.
Cyprus ready and willing to act as safe transfer hub in the Middle East, FM says
The Government of the Republic of Cyprus is willing and ready to assume a responsibility of a safe transfer hub in the complex region of the Middle East, Minister of Foreign Affairs Nikos Christodoulide said yesterday. Addressing the final phase of the multinational exercise Argonaut/ESTIA in the Larnaca Port, Christodoulides said the increased interest is not just the result of the high level of the exercise and its importance, but also demonstrates the realization of the deep challenges and complexities that characterize the greater Middle East, which render it imperative to jointly intensify our vigilance and preparedness.
Argonaut 2019: A total of seven countries take part in S and R drills
A total of 21 vessels, 7 aircraft and personnel from 7 countries took part on Wednesday and Thursday in Search and Rescue drills, in the framework of the Multinational SAR Exercise Argonaut 2019. According to a relevant announcement, circulated by PIO, the drill is taking part within the Search and Rescue area of the Republic of Cyprus, which coincides with Nicosia FIR. In the meantime, it has also been announced that the military exercises entitled “IASON -2019” and “NIKOKLIS-DAVID-2019” with the participation of military Special Operation Units from Cyprus and Israel, as well as ground and air assets, were held from 20-29 May.
Tourist arrivals for summer 2019 to record a slight decrease, ACTA President tells CNA
Tourist arrivals in Cyprus for summer 2019 are expected to record a slight decrease, remaining however around the same levels as last year, according to the President of the Association of Cyprus Travel Agents (ACTA). Vasilis Stamataris told CNA that the decrease is attributed to the competition with neighboring countries, the uncertainty over Brexit, the closure of GERMANIA airline and the fact that many Russian tourists choose Turkey for their holidays.
Cyprus clinches five medals on third day of 18th GSSE in Montenegro
Cyprus secured two gold medals, two silver and one bronze in yesterdays Games of the Small States of Europe (GSSE) taking place in Montenegro, increasing its medals tally to 29.
Nicolas Kyriakou clinched the gold medal in Men’s Trap final and Andreas Makris finishing third securing the bronze medal. In women’s beach volley, Mariota Angelopoulou and Zoe Konstantopoulou defeated Monaco in the tournament’s fourth game with 2-0 and secured top spot mathematically. In Judo the Cypriot Men’s and Female teams secured silver medals.
Source: Cyprus News Agency