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Hydrocarbons Will Determine the Political Future of Cyprus [1]

IAI Papers [2]

Hydrocarbons Will Determine the Political Future of Cyprus

[3]
Authors:
Mustafa Ergün Olgun [4]
14/10/2019

Since the collapse of the bi-communal arrangements of the Republic of Cyprus in 1963, the Turkish-Cypriot and Greek-Cypriot communities have been living and exercising authority on their respective territories separately. Negotiations since 1968 have proven “reunification” to be an elusive goal; nor has there been any sharing of assets or resources. Most recently, the maritime hydrocarbon-exploitation initiatives of the Greek Cypriots, who claim to have an exclusive right to manage the natural resources around the island, have added a new and alarming dimension to the Cyprus issue. The political future of the island and stability in the Eastern Mediterranean will now be determined by the choice of the Greek-Cypriot side between two options: accept the Turkish-Cypriot offer to share power as full political equals and jointly manage hydrocarbon exploitation as co-owner in all admissible areas; or ignore the Turkish-Cypriot and Turkish sides, and continue with unilateral exploitation.

iaip1920.pdf [3]

Details

  • Details

    Rome, IAI, October 2019, 20 p.
  • In:
    IAI Papers [2]
  • Issue

    19|20
  • ISBN/ISSN/DOI:
    978-88-9368-112-4

Table of contents

1. Background
2. Unilateralism as opposed to cooperation
3. Turkey’s position and international law
Conclusion
References


Source URL:https://www.iai.it/en/pubblicazioni/c03/hydrocarbons-will-determine-political-future-cyprus

Links
[1] https://www.iai.it/en/pubblicazioni/c03/hydrocarbons-will-determine-political-future-cyprus [2] https://www.iai.it/en/pubblicazioni/lista/all/iai-papers [3] https://www.iai.it/sites/default/files/iaip1920.pdf [4] https://www.iai.it/en/persone/mustafa-ergun-olgun