Cyprus and Is­rael “writ­ing a new bold chap­ter”

Financial Mirror (Cyprus) - - FRONT PAGE -

Cyprus and Is­rael to­gether “have been writ­ing a new bold chap­ter in their re­la­tions in re­cent years”, Pres­i­dent Ni­cos Anas­tasi­ades told mem­bers of the Amer­i­can Jewish Com­mit­tee in Chicago as re­gards “our mu­tu­ally ben­e­fi­cial part­ner­ship.”

“The ex­change of high level meet­ings, most re­cently in June by my­self in Is­rael and in July by Prime Min­is­ter Ne­tanyahu in Cyprus, is merely the tip of the ice­berg,” he said. “We are two coun­tries in a tur­bu­lent yet im­por­tant neigh­bour­hood that faces many com­mon chal­lenges. For Is­rael, Cyprus is a sta­ble, pre­dictable and re­li­able part­ner and vice-versa”.

He said the dis­cov­ery of hy­dro­car­bons had cre­ated im­pe­tus in bi­lat­eral re­la­tions which had opened new hori­zons in re­gional co­op­er­a­tion. “This trans­lates into much needed energy se­cu­rity, diver­si­fi­ca­tion, and ex­ports for both coun­tries,” Anas­tasi­ades said.

He also praised the AJC for be­ing “in­stru­men­tal in iden­ti­fy­ing and pro­mot­ing the re­la­tion­ship with Cyprus, as well as in help­ing ad­vance our re­la­tion­ship with Is­rael and the United States.”

Anas­tasi­ades also said that the strate­gic im­por­tance of energy co­op­er­a­tion be­tween Cyprus and Is­rael was of par­tic­u­lar im­por­tance to the U.S. and Europe, mainly in of­fer­ing an al­ter­na­tive energy cor­ri­dor route for the EU.

“At the same time we be­lieve that the huge re­cent dis­cov­ery of the Zohr nat­u­ral gas field in the ex­clu­sive eco­nomic zone of Egypt en­hances the prospects for fur­ther syn­er­gies in the re­gion,” the pres­i­dent added.

He added that bi­lat­eral co­op­er­a­tion is not only lim­ited to energy and se­cu­rity, but ex­tends in an ar­ray of fields in­clud­ing tourism, eco­nomic ex­changes, agri­cul­ture and high tech in­dus­tries. “In a nut­shell, Cyprus and Is­rael are true strate­gic part­ners,” he said.

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