EU imposes sanctions on two people over Turkey’s hydrocarbon drilling off Cyprus

Drilling vessel Scarabeo 9, owned by Italian oil service group Saipem, sails in the Bosphorus in Istanbul, Turkey May 21, 2018. (Reuters)
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Updated 27 February 2020
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EU imposes sanctions on two people over Turkey’s hydrocarbon drilling off Cyprus

  • The move followed November’s decision to impose economic sanctions
  • Turkey says says it is operating in waters on its own continental shelf or areas where Turkish Cypriots have rights

BRUSSELS: The European Union on Thursday imposed sanctions on two individuals over their role in Turkey drilling for hydrocarbons off the coast of Cyprus, subjecting them to travel bans to the bloc and asset freezes.
The European Council did not name them. The move followed November’s decision to impose economic sanctions.
“These persons are responsible for or involved in planning, directing and implementing offshore hydrocarbon exploration activities in the Eastern Mediterranean which have not been authorized by the Republic of Cyprus,” it said in a statement.
Cyprus’s internationally recognized government discovered offshore gas in 2011 but has been at loggerheads with Turkey over maritime zones around the island, where it has granted licenses to multinational companies for oil and gas research.
Turkey, which does not have diplomatic relations with Cyprus’s government, says it is operating in waters on its own continental shelf or areas where Turkish Cypriots have rights.
Ankara has for years sought to join the European Union, the world’s biggest trading bloc, but has run into opposition from some EU countries.


Vietnam’s ruling Communist Party re-elects To Lam as general secretary

Updated 58 min 36 sec ago
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Vietnam’s ruling Communist Party re-elects To Lam as general secretary

  • Lam, 68, was reappointed unanimously by the party’s 180-member Central Committee at the conclusion of the National Party Congress, the country’s most important political conclave

HANOI: Vietnam’s leader To Lam was re-elected Friday as the general secretary of its ruling Communist Party, securing a new five-year term in the country’s most powerful position and pledging to rev up economic growth in the export powerhouse.
Lam, 68, was reappointed unanimously by the party’s 180-member Central Committee at the conclusion of the National Party Congress, the country’s most important political conclave.
In a speech, he said he wanted to build a system grounded in “integrity, talent, courage, and competence,” with officials to be judged on merit rather than seniority or rhetoric.
No announcement was made about whether Lam will also become president. If he were to get both positions, he would be the country’s most powerful leader in decades, similar to Chinese leader Xi Jinping.
The Congress was framed by Vietnam’s defining national question: whether the country can transform itself into a high-income economy by 2045. During the meeting, Vietnam set a target of average annual GDP growth of 10 percent or more from 2026 to 2030.
The gathering brought together nearly 1,600 delegates to outline Vietnam’s political and economic direction through 2031. It also confirmed a slate of senior appointments, electing 19 members to the Politburo, the country’s top leadership body.
Beyond settling the question of who will lead Vietnam for the coming years, the Congress will also determine how the country’s single-party system responds to world grown increasingly turbulent as China and the United States wrangle over trade and Washington under President Donald Trump challenges a longstanding global order.
Vietnam’s transformation into a global manufacturing hub for electronics, textiles, and footwear has been striking. Poverty has declined and the middle class is growing quickly.
But challenges loom as the country tries to balance rapid growth with reforms, an aging population, climate risks, weak institutions and US pressure over its trade surplus. At the same time it must balance relations with major powers. Vietnam has overlapping territorial claims with China, its largest trading partner, in the South China Sea.
Lam has overseen Vietnam’s most ambitious bureaucratic and economic reforms since the late 1980s, when it liberalized its economy. Under his leadership, the government has cut tens of thousands of public-sector jobs, redrawn administrative boundaries to speed decision-making, and initiated dozens of major infrastructure projects.
Lam spent decades in the Ministry of Public Security before becoming its minister in 2016. He led an anti-corruption campaign championed by his predecessor, Nguyen Phu Trong. During his rise, Vietnam’s Politburo lost six of its 18 members during an anti-graft campaign, including two former presidents and Vietnam’s parliamentary head.