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Thursday, 26 December 2024
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Cyprus News Agency: News in English, 10-10-19Cyprus News Agency: News in English Directory - Previous Article - Next ArticleFrom: The Cyprus News Agency at <http://www.cyna.org.cy>CONTENTS
[01] EP COMMITTEE DIRECT TRADEThe European Parliament Committee on Legal Affairs approved on Monday with 18 votes in favour, five against and one abstention the opinion of the European Parliament`s Legal Service, that the legal basis of the Commission`s regulation on direct trade between the EU and Cyprus` Turkish occupied areas is wrong and that the proper legal basis is Article 1(2) of the Treaty of Accession`s Protocol No 10 between Cyprus and the EU, signed in April 2003.The Committee rejected by majority the postponement of the relevant discussion and endorsed the opinion of the EP`s Legal Service. The decision of the Committee will be evaluated by the Conference of Presidents, consisting of the President of Parliament and the political group chairmen, in view of the political decisions to be taken on the regulation. Cyprus has been divided since 1974 when Turkish troops invaded the island. The Republic of Cyprus joined the EU on May 1, 2004. The government of Cyprus considers the direct trade regulation to be legally wrong, since it would mean trade with the areas of the Republic of Cyprus on which the government does not exercise effective control and has declared closed after the Turkish invasion in 1974. Cyprus News Agency: News in English Directory - Previous Article - Next Article |
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