• About Us
  • Our Services
  • Subscribe
  • Advertise
  • FAQ
  • Contact Us
Login | My Posts
Accountants in Cyprus
  • Publications
  • About Cyprus
    • Cyprus History
    • Cyprus Company Registration
    • Cyprus Tax
    • Cyprus VAT
    • Cyprus Accountants
    • Cyprus Economy
  • Find Accountants
  • Contact Us
No Result
View All Result
  • Publications
  • About Cyprus
    • Cyprus History
    • Cyprus Company Registration
    • Cyprus Tax
    • Cyprus VAT
    • Cyprus Accountants
    • Cyprus Economy
  • Find Accountants
  • Contact Us
No Result
View All Result
Accountants in Cyprus
No Result
View All Result
Home Publications News & Announcements

Finmin says govt ready to sign bailout deal

January 13, 2013
in News & Announcements
Reading Time: 2 mins read
CYPRUS has intercepted a vessel carrying military equipment thought to be bound for Sudan, under an arms embargo by the United Nations and the EU.

Authorities said yesterday the Antigua and Barbuda flagged cargo vessel had been prevented from leaving Cypriot waters since June 11, when it anchored off Limassol requesting refuelling.

“There is material (on board) which is considered prohibited from leaving Cyprus right now,” Commerce Minister Antonis Paschalides told state radio. “When we speak of prohibited material it means explosives or military material.” Police said the vessel was sailing to Sudan and then Singapore.

An official from Sudan’s foreign ministry yesterday said he had no information on the vessel.

The daily Phileleftheros, which broke the story, said the vessel was transporting tanks and explosives, and was blocked after a tipoff from the United States. A spokesman at the US embassy in Nicosia said Washington was not involved.

Police spokesman Michalis Katsounotos denied there was a tipoff from the US. He said police were checking the authenticity of the documents.

“It is equipment whose legality needs to be certified,” Katsounotos said. “Until then, there is an order banning the departure of the vessel.”

 

Asked about the cargo, Paschalides said: “I cannot specify right now what material it is, whether it is tanks, not tanks or other things, but there is definitely military material which comes under export control.”

Paschalides said the vessel’s papers suggested it sailed from Norway and had passed through the German port of Hamburg and Spain. Police said they were checking the authenticity of the documents.

A security source said authorities were investigating whether the cargo contravened a UN arms embargo on all armed groups operating in Sudan’s Darfur region, the site of a seven-year conflict pitting government troops and allied militias against rebel fighters.

The US envoy to the United Nations, Susan Rice, in March accused Sudan of cavalier violations of the UN’s Darfur embargo.

Analysts last year also said Sudan’s northern and southern armies were building up arms as tensions mounted over a faltering 2005 north-south peace deal. Northern and southern authorities denied the reports.

In September 2008, Somali pirates captured a Ukrainian ship loaded with a cargo of Soviet-era T-72 tanks plus other weapons. The pirates and foreign diplomats said there was evidence the arms were bound for south Sudan. South Sudan’s government dismissed the report.

The EU, of which Cyprus is a member, also has a blanket ban on arms shipments to Sudan.

By Michele Kambas. Cyprusmail, published on June 23, 2010

 

ShareTweetShare
Previous Post

Central Bank defends rehiring retired staff

Next Post

Off the list

Next Post

Off the list

Newsletter

Latest News

Financial Services Sector: Future of Finance
Articles

Financial Services Sector: Embracing the Future of Finance

March 24, 2023

This article delves into the DLT Pilot Regime, its objectives, and its significance in the European financial services sector. The...

Read more
Financial Services

More financial services included in accountants portfolio

March 23, 2023
InvestPro ONline- Cyprus Preview

InvestPro Online Cyprus Preview

March 23, 2023

Accountants in Cyprus is an accounting portal that consists of information in the field of finance and a network of Cyprus accounting firms and other financial service providers .

USEFUL LINKS

  • Accountants in Nicosia
  • Accountants in Limassol
  • Accountants in Larnaca
  • Accountants in Famagusta
  • Accountants in Paphos
Menu
  • Accountants in Nicosia
  • Accountants in Limassol
  • Accountants in Larnaca
  • Accountants in Famagusta
  • Accountants in Paphos

USEFUL LINKS

  • Cyprus Tax Consultants
  • Tax Planning Cyprus
  • Tax Benefits Cyprus
  • Double Taxation Treaties
  • Cyprus Accounting Firms
Menu
  • Cyprus Tax Consultants
  • Tax Planning Cyprus
  • Tax Benefits Cyprus
  • Double Taxation Treaties
  • Cyprus Accounting Firms

AFFILIATED SITES

logo-lawyers-in-cyprus
lawyers-malta
2022 © Accountants in Cyprus. All Rights Reserved. Developed by Wizzweb
  • About
  • Cyprus Accounting Services
  • Auditors in Cyprus
  • Contact Us
No Result
View All Result
  • Publications
  • About Cyprus
    • Cyprus History
    • Cyprus Company Registration
    • Cyprus Tax
    • Accountants Cyprus
    • Cyprus Economy
  • Find Accountants
  • Contact Us
  • Our Services
  • Subscribe
  • Advertise
  • FAQ

© 2023 Accountant in Cyprus

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.