ECONOMY

Lieberman in Cyprus for talks

Cooperation between Cyprus and Israel appears to be deepening as the two countries? foreign ministers on Tuesday discussed the creation by Eastern Mediterranean states of a single force to deal with natural disasters.

Israeli Foreign Minister Avigdor Lieberman?s visit to Cyprus continues on Wednesday after his meeting on Tuesday with Erato Kozakou-Markoullis to discuss the possibility of joint search and rescue operations, in which Greece may well be part of.

Kozakou-Markoullis said after their meeting that the two countries also discussed the joint development and utilization of the hydrocarbon reserves split between the two countries? economic zones, on which there will soon be an agreement signed.

Lieberman spoke of a constructive dialogue that focused on issues concerning energy and water, while expressing the hope for a deal on double taxation and investment protection. In the coming months Israel?s finance minister will also visit Cyprus, he added.

The Israeli minister also met with President Dimitris Christofias and Trade Minister Neoklis Sylikiotis, who stressed the significance of the increase in tourism between the two countries.