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Cyprus News Agency: News in English (AM), 99-07-08

Cyprus News Agency: News in English Directory - Previous Article - Next Article

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

CONTENTS

  • [01] Cyprus - Libya - Suspension of sanctions
  • [02] Cyprus - Panama - Visas
  • [03] Cyprus Stock Exchange

    • 1030:CYPPRESS:01

    [01] Cyprus - Libya - Suspension of sanctions

    Nicosia, Jul 8 (CNA) -- Cyprus has suspended the sanctions imposed on Libya which had been adopted in compliance with UN resolutions.

    The decision was taken at a cabinet meeting yesterday headed by President Glafcos Clerides.

    According to an official announcement the government, falling in with the position of the European Union, has not suspended sanctions concerning exports of arms and military equipment.

    It has also retained restrictions in the movement of diplomatic personnel and a strict procedure in the issuing of visas.

    UN Security Council sanctions against Libya were suspended on April 5 when Tripoli surrendered the suspects for the Lockerbie disaster to be tried in the Netherlands.

    CNA MCH/GP/1999
    ENDS, CYPRUS NEWS AGENCY
    1035:CYPPRESS:02

    [02] Cyprus - Panama - Visas

    Nicosia, Jul 8 (CNA) -- Cyprus and Panama have agreed on the abolition of diplomatic visas, a development aimed at further enhancing traditional friendly bilateral relations.

    The process was concluded with the exchange of notes between Cyprus Ambassador to Panama Alexandros Vikis, who is based in Mexico, and Panama's Minister in charge of this matter Edgar Spence Herrera.

    According to the provisions of the agreement as from August 1999 holders of diplomatic and service passports will do not require visas in order to travel from Cyprus to Panama and vice versa.

    CNA MCH/GP/1999
    ENDS, CYPRUS NEWS AGENCY
    1330:CYPPRESS:03

    [03] Cyprus Stock Exchange

    Nicosia, Jul 8 CNA) -- The Cyprus Stock Exchange (CSE) All Share Index closed at today's stock exchange meeting as follows: 
          CSE General Index                         168.28 ( 0.83)

      Traded Value            CYP  12,360,311

      Sectural Indices

      Banks                   CYP 4,469,929     221.37 ( 0.83)
      Approved Investment
      Companies               CYP   190,146      85.55 (-0.67)
      Insurance Companies     CYP    74,178      83.36 (-1.07)
      Manufacturing Companies CYP   836,894      91.63 (-2.32)
      Tourism Companies       CYP 2,089,073     139.17 ( 8.05)
      Trading Companies       CYP   794,617      86.71 (-2.39)
      Other Companies         CYP   810,050     123.93 (-0.86)
    The third column presents the percentage variation of the indices as compared to the last meeting.

    CNA EC/1999
    ENDS, CYPRUS NEWS AGENCY
    CNA ENDS
    Cyprus News Agency: News in English Directory - Previous Article - Next Article
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