Air Freight News

EU top diplomat drives homes threat of more sanctions on Turkey

European Union foreign-policy chief Josep Borrell highlighted the possibility of tougher EU sanctions against Turkey over its activities in the eastern Mediterranean, saying the bloc’s leaders will tackle the matter at a Dec. 10-11 meeting.

“Certainly we are in a critical moment with our relationship with Turkey,” Borrell told the European Parliament on Tuesday in Brussels. “The leaders will have to take a decision” if there will be more sanctions, he said.

In February, the EU imposed asset freezes and travel bans on two employees of Turkish Petroleum Corp. in response to Turkey’s natural-gas hunt off Cyprus. A Cypriot proposal to include Turkish entities and add individuals to that blacklist has been held up since June amid hesitancy by EU countries including Germany.

Regarding more possible penalties against Turkey, EU heads of government pledged on Oct. 1-2 to “take decisions as appropriate at the latest” in December. The vow was part of an agreement that unblocked EU sanctions against Belarus by winning over Cyprus, which had pressed the bloc to take a tougher stance against Ankara.

Turkey irked the EU further on Oct. 8 by reopening a ghost town—Varosha—in the Turkish-controlled part of Cyprus. The area had been abandoned and sealed off since Turkey’s 1974 takeover of northern Cyprus. Earlier this month, Turkish President Recep Tayyip Erdogan visited the area and held what was described as a “picnic” in Varosha, prompting an EU rebuke.

“We are all deeply concerned about developments on the ground,” Borrell said on Tuesday.

Bloomberg
Bloomberg

{afn_job_title}

© Bloomberg
The author’s opinion are not necessarily the opinions of the American Journal of Transportation (AJOT).

Similar Stories

China state media warns of retaliation on EU subsidy probes

China is prepared to take countermeasures against the European Union if it continues a series of anti-subsidy investigations into Chinese companies, according to a post on a state-media affiliated social…

View Article
https://www.ajot.com/images/uploads/article/turtle_skulls.jpg
Contraband turtle skulls, crocodile skins, kangaroo meat, exotic butterflies seized by CBP and FWS at LAX
View Article
https://www.ajot.com/images/uploads/article/Tesla_Shanghai.jpg
Chinese-made Teslas pour into Canada as Biden erects US tariff wall
View Article
https://www.ajot.com/images/uploads/article/Peso_chart.jpg
Multinationals are seeking protection against Mexican ‘super peso’
View Article
https://www.ajot.com/images/uploads/article/Agriculture_Barley-Field.jpg
NASDA commends progress on farm bill development and continues advocating for bipartisanship
View Article
China processed less crude oil with apparent demand fall most

China processed a lower volume of crude in April as refiners shut operations to conduct planned seasonal maintenance.

View Article