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Egypt cancels maritime border with Cyprus

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Egypt cancels maritime border with Cyprus

Postby Maximus » Thu Mar 07, 2013 12:19 pm

The Shura Council, the upper house of the Egyptian bicameral Parliament, has approved a draft law that cancels the maritime borders of an exclusive economic zone (EEZ) between Egypt and Cyprus, reports said Thursday.

Khaled Abdel Qader Ouda, the lawmaker who submitted the bill, said this invalidates the deal since Egypt had the right to be present at the signing, reports said.

He reportedly said a renegotiation could mean billions of dollars for Egypt.

In the past, Cyprus has signed delineation agreements with Egypt, Israel and Lebanon to pave the way for exploiting hydrocarbon deposits that criss-cross their boundaries.

The deal with Egypt was signed in February 2003.

The bill foresees the delineation of a new EEZ in the presence of Turkey as a third party. :!:

http://www.ekathimerini.com/4dcgi/_w_ar ... 013_486198


the eastern meditaranean is turning into a powder keg and it seems that an east axis vs the west is forming to challenge international law.

is Egypt a signatory to the UN law of the sea?
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Re: Egypt cancels maritime border with Cyprus

Postby CBBB » Thu Mar 07, 2013 1:08 pm

Maximus wrote:
The Shura Council, the upper house of the Egyptian bicameral Parliament, has approved a draft law that cancels the maritime borders of an exclusive economic zone (EEZ) between Egypt and Cyprus, reports said Thursday.

Khaled Abdel Qader Ouda, the lawmaker who submitted the bill, said this invalidates the deal since Egypt had the right to be present at the signing, reports said.

He reportedly said a renegotiation could mean billions of dollars for Egypt.

In the past, Cyprus has signed delineation agreements with Egypt, Israel and Lebanon to pave the way for exploiting hydrocarbon deposits that criss-cross their boundaries.

The deal with Egypt was signed in February 2003.

The bill foresees the delineation of a new EEZ in the presence of Turkey as a third party. :!:

http://www.ekathimerini.com/4dcgi/_w_ar ... 013_486198


the eastern meditaranean is turning into a powder keg and it seems that an east axis vs the west is forming to challenge international law.

is Egypt a signatory to the UN law of the sea?


Don't worry about Egypt, we can get the Net and Yahoo! to sort them out.
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Re: Egypt cancels maritime border with Cyprus

Postby Maximus » Thu Mar 07, 2013 1:33 pm

it will be more than the net and yahoo that will have to sort this out.
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Re: Egypt cancels maritime border with Cyprus

Postby B25 » Thu Mar 07, 2013 1:52 pm

Maximus wrote:
The Shura Council, the upper house of the Egyptian bicameral Parliament, has approved a draft law that cancels the maritime borders of an exclusive economic zone (EEZ) between Egypt and Cyprus, reports said Thursday.

Khaled Abdel Qader Ouda, the lawmaker who submitted the bill, said this invalidates the deal since Egypt had the right to be present at the signing, reports said.

He reportedly said a renegotiation could mean billions of dollars for Egypt.

In the past, Cyprus has signed delineation agreements with Egypt, Israel and Lebanon to pave the way for exploiting hydrocarbon deposits that criss-cross their boundaries.

The deal with Egypt was signed in February 2003.

The bill foresees the delineation of a new EEZ in the presence of Turkey as a third party. :!:

http://www.ekathimerini.com/4dcgi/_w_ar ... 013_486198


the eastern meditaranean is turning into a powder keg and it seems that an east axis vs the west is forming to challenge international law.

is Egypt a signatory to the UN law of the sea?


So why didn't they say something then? Why didn't they attend?
Since Turkey paid them an ass licking visit suddenly they want out? This will have serious repercussions on Egypt's credibility. Sign today revoke tomorrow. Sound like any one you know??? (mention no names Turkey)
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Re: Egypt cancels maritime border with Cyprus

Postby Jerry » Thu Mar 07, 2013 1:53 pm

Could it be the price for cosying up to Israel. :(
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Re: Egypt cancels maritime border with Cyprus

Postby kurupetos » Thu Mar 07, 2013 2:11 pm

Jerry wrote:Could it be the price for cosying up to Israel. :(

No need to be anti-Semitic. :x
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Re: Egypt cancels maritime border with Cyprus

Postby Viewpoint » Thu Mar 07, 2013 3:28 pm

Things will definately heat up as the big boys start to flex their muscle.
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Re: Egypt cancels maritime border with Cyprus

Postby Maximus » Thu Mar 07, 2013 3:42 pm

Viewpoint wrote:Things will definately heat up as the big boys start to flex their muscle.


I agree and given my perspective, it will be the big boys on the west's axis vs the big boys on the east's axis. what do you think should be done to avert a potential collision course because their will be no winners if push comes to shove.
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Re: Egypt cancels maritime border with Cyprus

Postby Viewpoint » Thu Mar 07, 2013 3:49 pm

Maximus wrote:
Viewpoint wrote:Things will definately heat up as the big boys start to flex their muscle.


I agree and given my perspective, it will be the big boys on the west's axis vs the big boys on the east's axis. what do you think should be done to avert a potential collision course because their will be no winners if push comes to shove.


When natural resources are the prize anything can happen, theres nothing the little boys can do and believe me in the grand scheme of things you and I are little very little.
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Re: Egypt cancels maritime border with Cyprus

Postby GreekIslandGirl » Thu Mar 07, 2013 3:50 pm

Maximus wrote:
The Shura Council, the upper house of the Egyptian bicameral Parliament, has approved a draft law that cancels the maritime borders of an exclusive economic zone (EEZ) between Egypt and Cyprus, reports said Thursday.


Yes, but Turkey pulling on their Muslim Brotherhood business doesn't make this Internationally recognised. They have to go through the President and then the Constitutional Courts.

The Shura Council cannot pass legislation without the People’s Assembly, because it is supplementary to the lower house of Parliament, does not have political or legal powers and the regime does not give it any role in the political life, the plaintiffs said. Its continuation is a waste of public money and effort, they added.


http://www.egyptindependent.com/news/la ... ra-council
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