The president of Cyprus reaffirmed his government's commitment to strengthening defense and security ties with the U.S., highlighting that his recent meeting with President Biden outlined ambitious steps for their already strong bilateral relations.
After meeting with President Joe Biden, Cyprus President Nikos Christodoulides declared his intention to deepen defence and security ties with the United States, calling the two countries' relationship at a "historic high."
During his first 18 months in office, Christodoulides emphasized energy initiatives and strengthening law enforcement collaboration against money laundering and sanctions evasion. The US-funded CYCLOPS center, which provides essential maritime security training to officials from neighboring nations, is a crucial component.
Christodoulides indicated that if a legislative arms ban is lifted, it may be possible to purchase weapons made in the United States. Additionally, he highlighted Cyprus's contribution to the repatriation of more than 3,600 citizens from Lebanon, establishing the island as a temporary safe haven.
The president also praised the Amalthea plan, which made it possible to send a substantial amount of aid to Gaza through a recently built sea channel. He reaffirmed Cyprus's commitment to Western principles and asked US law enforcement for help in looking into sanctions evasion linked to Russian interests.
Regarding energy cooperation, Christodoulides said he was confident that two large US corporations, ExxonMobil and Chevron, will be involved in exploring for hydrocarbons in Cyprus' offshore economic zone. Chevron is updating its development plans for the Aphrodite gas field, while ExxonMobil is set to drill two more wells in January. These developments position Cyprus to become a major gas supplier, with significant geopolitical implications.
"As we prepare to direct the first gas from Aphrodite to market, Cyprus will become a gas seller, a development that is crucial both financially and geopolitically," Christodoulides stated.
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The construction of Kyrgyzstan’s Orto-Tokoy Hydropower Plant (HPP) has reached the halfway mark, with 50% of the work completed, the Ministry of Energy announced on Sunday.
British energy giant BP has announced final investment decisions for two major projects in Azerbaijan: the construction of the 240 MW Shafag solar power plant in Karabakh and the electrification of the Sangachal terminal near Baku.
Egypt’s Minister of Tourism and Antiquities, Sherif Fathy, has announced that a pilot visa-on-arrival program will launch at Cairo International Airport in mid-June
French pharmaceutical giant Sanofi announced Monday that it will acquire U.S.-based Blueprint Medicines for $9.1 billion to strengthen its portfolio in rare immunological diseases.
Stock markets across Asia tumbled Monday after U.S. President Donald Trump announced a new round of tariff hikes on Chinese imports, sparking renewed fears of a deepening U.S.–China trade war.
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