E.U. Punishes Turkey for Gas Drilling Off Cyprus Coast - News Summed Up

E.U. Punishes Turkey for Gas Drilling Off Cyprus Coast


BRUSSELS — Turkey’s relationship with the West suffered a fresh blow on Monday when the European Union decided to suspend contacts between high-level officials, as well as to pull financial aid, in response to Turkey’s gas exploration in Cypriot national waters. European Union foreign ministers meeting in Brussels said they would suspend about $164 million in aid to Turkey and shelve talks on an aviation accord. They also asked the European Investment Bank to review its lending to the country, which amounted to nearly $434 million in 2018. The European Union measures came just days after the country’s relationship with the United States took a hit, with the first shipment of a Russian-made surface-to-air missile system to Turkey, a NATO member. Washington had warned that it would penalize Turkey for the purchase, but President Recep Tayyip Erdogan went ahead with it anyway.


Source: International New York Times July 15, 2019 21:45 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */