EU sanctions loom on Turkish companies, individuals over East Med dispute

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EU to impose additional sanctions on Turkish individuals and companies in light of Turkey's activities in the Eastern Mediterranean

The European Union is considering imposing sanctions on Turkish individuals and companies in light of Turkey's activities in the Eastern Mediterranean.

“The European Council reaffirms the EU’s strategic interest in the development of a cooperative and mutually beneficial relationship with Turkey. The offer of a positive EU-Turkey agenda remains on the table, provided Turkey shows readiness to promote a genuine partnership with the union and its member states and to resolve differences through dialogue and in accordance with international law,” it added.

It also invited EU High Representative Josep Borrell and the commission to submit a report on the state of play concerning EU-Turkey political, economic and trade relations and on instruments and options on how to proceed. “The EU will seek to coordinate on matters relating to Turkey and the situation in the Eastern Mediterranean with the United States,” it added.

 

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