Middle East Economic Survey

VOL. LIII

No 52

27-Dec-2010

CYPRUS/ISRAEL/EAST MEDITERRANEAN

Cyprus And Israel Sign Accord To Delimit East Mediterranean Waters

Cyprus and Israel on 17 December signed an agreement to delimit their offshore exclusive economic zones (EEZ) in the Eastern Mediterranean Sea. The deal provides both states with the legal boundary that will allow them to proceed with hydrocarbon exploration in their respective territories. Cyprus has already concluded such an agreement...