Greece and Turkey explore holding talks on maritime zones

ATHENS (Reuters) – Greece and Turkey will explore whether they can start talks aimed at demarcating their maritime zones, Greece’s foreign ministry said on Wednesday.

Neighbours Greece and Turkey, both NATO allies but historic foes, have been at odds for decades over a range of issues from airspace to maritime jurisdiction in the eastern Mediterranean and ethnically split Cyprus.

An agreement on where their maritime zones begin and end is important for determining rights over possible gas reserves and power infrastructure schemes.

Tensions have eased in recent years and both countries agreed last year to reboot their relations, pledging to keep open channels of communication and work on the issues that have kept them apart.

Greek Prime Minister Kyriakos Mitsotakis and Turkish President Tayyip Erdogan met on the sidelines of the annual United Nations General Assembly in New York on Tuesday and discussed bilateral ties, according to statements from the Turkish presidency and the Greek foreign ministry.

“The two leaders tasked the foreign ministers to explore whether conditions are favourable to initiate discussions on the demarcation of the continental shelf and exclusive economic zone,” Greek Foreign Minister George Gerapetritis said.

Foreign ministers from the two countries will start preparations for a high-level meeting to take place in Ankara in January, the Greek prime minister’s office said.

This post is originally published on INVESTING.

  • Related Posts

    Trump expected to pick Brooke Rollins to be agriculture secretary, WSJ reports

    Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all…

    Citi simulates an increase of global oil prices to $120/bbl. Here’s what happens

    Investing.cm — Citi Research has simulated the effects of a hypothetical oil price surge to $120 per barrel, a scenario reflecting potential geopolitical tensions, particularly in the Middle East.ย  As…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Trump expected to pick Brooke Rollins to be agriculture secretary, WSJ reports

    • November 23, 2024
    Trump expected to pick Brooke Rollins to be agriculture secretary, WSJ reports

    Forex Account Management: Pros, Cons, and Expert Tips

    • November 23, 2024
    Forex Account Management: Pros, Cons, and Expert Tips

    DXY Dominance: We Called It! The Bullish Breakout Everyone Saw Coming (If They Followed Us) ๐Ÿ’ช๐Ÿ“ˆ

    • November 23, 2024
    DXY Dominance: We Called It! The Bullish Breakout Everyone Saw Coming (If They Followed Us) ๐Ÿ’ช๐Ÿ“ˆ

    EUR/USD: The Fall of the Titans and What Lies Ahead! ๐Ÿ’ฅ๐Ÿ“‰

    • November 23, 2024
    EUR/USD: The Fall of the Titans and What Lies Ahead! ๐Ÿ’ฅ๐Ÿ“‰

    Citi simulates an increase of global oil prices to $120/bbl. Here’s what happens

    • November 23, 2024
    Citi simulates an increase of global oil prices to $120/bbl. Here’s what happens

    Citi simulates an increase of global oil prices to $120/bbl. Here’s what happens

    • November 23, 2024
    Citi simulates an increase of global oil prices to $120/bbl. Here’s what happens