the EU Council approved on Monday a mechanism for the imposition of sanctions against Turkey for the illegal exploration in the Eastern Mediterranean in the exclusive economic zone of the Republic of Cyprus.
the New sanctions include a ban Turkish officials on entry to the EU and the freezing of assets involved in production organizations.
"the Next step is the identification of specific individuals and organizations that may be in the list. About when and how it will happen — these issues will be addressed relevant working groups within the EU Council and possibly the Board as a whole", – said Federica Mogherini, the EU foreign policy.
Earlier in July, the European Commission has reduced the financial and credit aid to Turkey and turning the negotiations on several issues.
Ankara insists that its actions are legitimate and based on agreement with the Turkish Republic of Northern Cyprus which is recognized only by Turkey. In turn, the Turkish authorities do not recognize the treaties on the delimitation of the waters and continental shelf, concluded by Cyprus with neighboring countries. In Ankara stress that is prepared to defend its interests, including by force.
