Cyprus News Agency: News in English (PM), 99-08-05

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

CONTENTS

[01] Interior Minister - Palestinian Minister

[02] Cyprus Stock Exchange

1435:CYPPRESS:01

[01] Interior Minister - Palestinian Minister

Speaking after the meeting, Christodoulou said they exchanged views on local administration and urban planning.

He said the Palestinian Minister briefed him on developments in the Middle East peace process and put forward the issue of facilitating the exchange of visits between Cypriots and Palestinians by abolishing visas.

Christodoulou explained that the issuing of visas also concerns the Foreign Ministry and said discussions are going on at an official level.

He pledged to further discuss the issue with Foreign Minister Ioannis Kasoulides.

Abu-Safieh described the meeting as "fruitful" and said they discussed many issues "especially in the field of the environment, in terms of planning and zoning and local government."

"Local governments have a very important role to play in the issue of the environment," the Palestinian Minister remarked.

Referring to visa issue, Abu-Safieh said his compatriots "are willing to come (to Cyprus) for business purposes," pointing out this would "support and promote the peace process".

He also noted the intention to have flights from Gaza to Larnaca airport, adding "an agreement will be signed".

"The Minister has promised that he will push and support the problem with the visas," the Palestinian Minister said.

CNA FZ/MCH/MA/1999

ENDS, CYPRUS NEWS AGENCY

1500:CYPPRESS:02

[02] Cyprus Stock Exchange

      CSE General Index                         282.25 (-0.23)

      Traded Value            CYP 29,787,620

      Sectural Indices

      Banks                   CYP10,612,797     394.95  ( 2.05)
      Approved Investment
      Companies               CYP   745,095     134.56  ( 2.09)
      Insurance Companies     CYP   469,499     136.49  ( 2.03)
      Manufacturing Companies CYP 1,148,890     109.02  ( 7.49)
      Tourism Companies       CYP 1,392,397     190.09  (-2.91)
      Trading Companies       CYP   962,878     119.28  (-2.23)
      Other Companies         CYP 8,064,469     221.84 (-11.81)

CNA MA/1999

ENDS, CYPRUS NEWS AGENCY

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