Cyprus News Agency: News in English (AM), 98-11-12

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From: The Cyprus News Agency at <http://www.cyna.org.cy>

CONTENTS

[01] Netanyahu Spokesman - Clarifications

[02] Foreign Minister - EU

[03] Italian deputy - Visit

[04] Jordan - Credentials

[05] Cyprus Stock Exchange

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[01] Netanyahu Spokesman - Clarifications

Nicosia, Nov 12 (CNA) -- The comments made by Israeli Prime Minister Benjamin Netanyahu on the arrest of two Israelis here were not meant to offend Cyprus, according to the Director of Policy Planning and Communications at the Prime Minister's Office David Bar Ilan.

Invited to comment on Netanyahu's statement that he would bring back the two Israelis, Bar Ilan told CNA that "it is not a question of bringing them back home but making all the efforts possible to help Israelis who get into trouble abroad. That is all he meant."

He pointed out "there was no other intention" and added "I know that it can be misinterpreted maybe because of a bad translation."

Netanyahu's spokesman said "the government of Israel always helps Israelis who get into trouble abroad" noting that "it happens in many countries, often in matters that are completely different from this one."

Asked if Netanyahu had been notified about the dispatch to Cyprus of President Ezer Weizman's right hand man to Cyprus on Monday, Bar Ilan told CNA "as far as I know, he was notified, I do not remember any kind of problem with that."

He said "the newspapers tried to make something out of it, but there was no problem."

The two Israelis, still in police custody, were arrested on Saturday on suspicion of spying against the National Guard after they were seen loitering near military installations.

The Cyprus government said police investigations would have to be completed before it comments on the issue and stressed law and order would be upheld.

The Israeli Foreign Ministry denied yesterday the two detainees were acting against Cyprus or on behalf of Turkey.

CNA MM/MA/1998

ENDS, CYPRUS NEWS AGENCY

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[02] Foreign Minister - EU Nicosia, Nov 12 (CNA) -- Foreign Minister Ioannis Kasoulides

comply with UN resolutions on Cyprus, if they want to be fair. He also said he has already contacted two of the four

countries that tabled a statement on Monday, one day before substantive negotiations between the EU and Cyprus began, in which

they support that problems will arise in the accession talks if there is no settlement here. The statement was issued by France, Germany and the

Netherlands and was backed by Italy. Kasoulides said he has already contacted France and Germany

and will speak with Holland and Italy through the diplomatic route. "They now have an obligation to turn towards Turkey and invite

her to conform with UN resolutions and cooperate with the UN for a Cyprus settlement if they want to keep up a balance," Kasoulides

said. He also pointed out that they have to tell Ankara that it has no veto over Cyprus' accession to the EU. "This would be a fair way to handle the issue since they

considered it their obligation to table the statement with their positions," the Foreign Minister concluded.

CNA MK/MA/MM/1998

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[03] Italian deputy - Visit

During his stay Zacchera will have separate meetings with Foreign Minister Ioannis Kasoulides, the House Foreign Relations Committee deputy president as well as party representatives.

He will also visit the municipalities of Ayios Dometios, Nicosia, and Dherynia, in the eastern coast, adjacent to the line dividing Cyprus since Turkish troops invaded the island in 1974 occupying 37 per cent of its territory.

CNA MA/GP/1998

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[04] Jordan - Credentials

Presenting his credentials to President Glafcos Clerides Al Hassan conveyed King Hussein's "sincere message of greetings", noting that he will "strengthen the bonds of friendship between the people and the governments" of the two countries and "promote the excellent relations already existing in all fields of bilateral relations."

Referring to the Cyprus issue, Al Hassan said it is "of a deep concern to Jordan, whose position has always been for the independence, sovereignty, territorial integrity, unity and non-alignment of the Republic of Cyprus."

Al Hassan said that his country "fully supports the efforts of the UN Secretary-General to achieve a peaceful and lasting solution to the Cyprus problem, based on the implementation of the UN resolutions on Cyprus."

The new ambassador also referred to King Hussein's "commitment and dedication to the ultimate goal of a just and comprehensive peace in the region."

Replying, President Clerides said "Cyprus and Jordan are already linked together with bonds of friendship, good neighbourly relations and cooperation. We expect they will become even closer," he added.

Clerides pledged that "Cyprus will continue to support the Middle East Peace process until peace, security and stability are established and consolidated in our troubled region."

Regarding the Cyprus issue, Clerides said the problem "remains, unfortunately, still unresolved", noting that it has not been made possible "as yet to break the deadlock and bring back to the negotiating table the two sides."

He said, "we remain committed to a peaceful solution of the Cyprus problem", based on the UN resolutions and the two High Level Agreements of 1977 and 1979.

CNA EC/MCH/1998

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[05] Cyprus Stock Exchange

      CSE General Index                          89.91 (-0.34)

      Traded Value            CYP 1,879,893

      Sectural Indices

      Banks                   CYP   748,363     103.33 (-0.23)
      Approved Investment
      Companies               CYP    23,590      60.01 (-0.38)
      Insurance Companies     CYP   415,929      67.60 (-0.12)
      Manufacturing Companies CYP   283,762      88.99 (-0.36)
      Tourism Companies       CYP    38,961      68.77 ( 0.16)
      Trading Companies       CYP    88,967      43.25 (-0.78)
      Other Companies         CYP   170,217      83.44 (-2.26)

CNA MCH/1998

ENDS, CYPRUS NEWS AGENCY

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