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Cyprus PIO: News Update in English, 98-09-08
From: The Republic of Cyprus Press and Information Office Server at <http://www.pio.gov.cy/>
News Update
Tuesday, 08/09/98
CONTENTS
- [01] National Council concludes meeting
- [02] References to Cyprus in annual UN report
- [03] Offshore banking licence granted to German bank
[01] National Council concludes meeting
The National Council today examined developments in the Cyprus problem
following the recent statements by the Turkish Cypriot leader Rauf Denktash
in the presence of the Turkish Foreign Minister Mr Cem.
Government Spokesman Christos Stylianides, speaking at the end of the
meeting said: "Mr Denktash's statements are a repetition, culmination,
codification, and further aggravation of all the well known previous
intransigent positions of the Turkish side. And, of course, they are
contrary to the UN resolutions on Cyprus, and to the high-level agreements
themselves as well as to the spirit of international law".
As regards the question of whether the Cyprus problem will be discussed at
this year's UN General Assembly and Security Council, the National Council
has unanimously decided to postpone a definite decision until the return of
the political leadership from New York and after all issues are analysed.
[02] References to Cyprus in annual UN report
The stalemated peace process in Cyprus is a major cause of concern in the
United Nations efforts to achieving world peace and security.
In his 1998 annual report, the UN Secretary-General refers to Cyprus under
several headings regarding the work of the Organisation.
Regarding conflict prevention and removal of threats to peace, which he
says is one of the Organisation's deepest commitments, he says that during
the past year the quiet diplomacy of peacemaking has also been pursued in
Cyprus, where the UN is actively involved in both peacekeeping and
peacemaking.
[03] Offshore banking licence granted to German bank
The Central Bank of Cyprus yesterday granted a banking business licence to
DePfa Investment Bank Ltd, a subsidiary of Deutsche Bau und Bodenbank AG of
Germany, to carry on business from within Cyprus on an offshore basis.
This brings the total number of offshore banks operating from within Cyprus
to 33. Five more foreign banks maintain representative offices.
From the Republic of Cyprus Press and Information Office (PIO) Server at http://www.pio.gov.cy/
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