EU prepares ‘targeted’ sanctions on Turkey over gas drilling near Cyprus

The EU Observer on 21 June reported that the EU is preparing to punish Turkey for gas drilling off Cyprus as Turkey sent a second ship into a disputed zone.   EU leaders had earlier agreed a joint statement “strongly condemning Turkey’s continued illegal actions”. Sanctions options are said to include visa bans and asset freezes on Turkish individuals and companies doing the drilling, and/or freezing talks on an upgraded customs union or formally freezing talks on Turkey’s EU accession, which were suspended in practice in 2016 due to an authoritarian crackdown.

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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