Press Releases

Receiving the credentials, the President of the Republic said:

“Excellency,

It is with great pleasure that I receive today your Letters of Credence, appointing you as the new High Commissioner of the Islamic Republic of Pakistan to Cyprus. Please accept my congratulations for your appointment and my sincere wishes for every success during your tenure.

The friendly relations between Pakistan and Cyprus, which are underpinned by mutual respect, have been steadily progressing in recent years. My Government and I personally are keen on consolidating and building further upon this progress, in all areas of mutual interest. I am particularly encouraged that a number of draft Agreements and Memoranda of Understanding are currently under negotiation or close to finalization, whose swift conclusion will enhance the framework for our cooperation. Moreover, we believe that our cooperation within international organizations is essential given the important geopolitical position of each in their respective volatile regions.

Cyprus acknowledges that Pakistan is facing serious challenges and wishes to reiterate that it stands with Pakistan in its efforts to counter and eradicate any forms of terrorism. Terrorism can neither be underestimated nor ignored. Its indiscriminate nature and criminal indifference to human life testify to its cruelty and the need to stand united and resolute against the challenges it poses.

Your Excellency,

Cyprus continues to rely on the support of the international community with regards the resolution of the Cyprus problem, in line with international law and the relevant United Nations Resolutions. The support of Pakistan is therefore very important to us. Allow me on this occasion to also express our gratitude for Pakistan’s contribution to the United Nations Peacekeeping Mission in Cyprus, whose role in maintaining a calm situation on the ground and an enabling environment for the peace process to continue, cannot be overstated.

With a renewed mandate by the people, my top priority remains none other than addressing the unacceptable current state of affairs with the continuing Turkish occupation of 37% of the territory of the Republic of Cyprus, since there is no doubt that lasting peace and stability can only be achieved through the comprehensive settlement of the Cyprus problem.

To this end, on numerous occasions, I reiterated in the clearest terms to the UN Secretary-General, our partners in the EU, the Permanent and non-Permanent Members of the Security Council and the international community in general, that I remain strongly committed to resuming the negotiating process.

What is of course required is to create those necessary conditions that will allow the dialogue to resume on the basis of good will and constructive stance from all stakeholders, particularly by the Turkish side, in order to safeguard the positive outcome of the negotiations.

Taking this opportunity, I wish to remind that the failure of the Conference on Cyprus in July 2017 was due to Turkey’s insistence on its long-standing position in maintaining the continuation of the anachronistic system of guarantees, the unilateral right of intervention, and the permanent presence of Turkish troops.

I also wish to remind that our side submitted comprehensive written proposals for each and every one of Mr Guterres’ six-point framework, including on a new security architecture that would replace anachronisms and the strategic aspirations of third countries against Cyprus.

Having said the above, at the same time we should also not ignore the remaining significant differences on the other chapters of the Cyprus problem.  Differences that can be easily resolved by adopting and respecting what is considered as our obligation: The European acquis.

It is only through adhering to these fundamental principles which determine that a member state of the United Nations and the European Union can only be considered as truly independent and sovereign if it is free of any third country dependencies, that we can truly establish the conditions for prosperity and peaceful co-existence between all the citizens of Cyprus, in an environment of safety and stability.

As regards the current stay of play, the Special Envoy appointed by the UN Secretary-General, Ms Jane Holl Lute, has held four separate meetings with all parties involved with the aim of agreeing on the “Terms of Reference” as to the methodology of a new negotiating process.

My most important political aim has always been, and will continue to be, to reach a viable, functional and comprehensive settlement, one that will safeguard an independent foreign policy, committed to European democratic values. The present status quo is not a sustainable option.

It is for this reason that, in response to the encouragement from the Secretary-General for any new input that could prove useful in bringing the sides closer, I proposed that we discuss the decentralization of the exercise of powers, beyond those safeguarding the union and cohesion of the Federal State and functionality of the government, aiming towards a more effective decision-making process, in line with the non-encroachment and subsidiarity principles.

This would allow us to present a more viable and functional settlement, since on the one hand it would help minimize the disruption in the daily lives of the citizens of both communities and on the other hand it would lead to solving the contested issue of effective participation and the insistence for a Turkish Cypriot positive vote in any federal institution / body / organ.

I truly wish that both our Turkish Cypriots compatriots and Turkey will respond positively to the new prospect that is unfolding again upon us, taking into account, in a comprehensive manner and without being selective, the provisions set by the Secretary-General at the Conference in Crans-Montana. At the same time, it is fundamental, for them to not insist on provisions which would adversely affect the sovereignty and independence of a united Cyprus and would establish a dysfunctional federal state.

On my own behalf, I wish to assure, once again, of my determination to work tirelessly to reach a comprehensive settlement that will finally reunify our island after 44 years of division, ensuring conditions of safety for the future generations of Greek and Turkish Cypriots, without any third country military troops or guarantees.

A settlement that will satisfy the genuine desire of our people, especially of the younger generations, to live together and peacefully co-exist, collaborate and prosper in a European country which fully respects their fundamental human rights and freedoms.

Following the severe economic crisis of 2013, Cyprus has achieved a return to positive growth rates since 2015. It is not an exaggeration to say that, what has been achieved in a period of just a few years, is nothing short of a remarkable recovery, confirming the resilience and strong foundations of Cyprus’ economy and the excellent prospects of its key productive sectors. We currently enjoy a growth rate of around 3.8%, one of the highest in the EU, while macroeconomic forecasts project a robust growth of more than 3% in the years to come.

Furthermore, we have achieved consecutive balanced budgets, with primary surplus, while unemployment, which in 2013 had risen to 16%, has dropped to almost 7% and is expected to be reduced even further.

The banking system, re-focusing its operations and fully adhering to the strictest international transparency and compliance regulations, is now based on a stronger and healthier base in terms of capitalization, liquidity and profitability. Remarkable progress has been achieved with respect to non-performing loans.

At the same time, we are pursuing significant reforms, amongst others, in the public administration, the welfare and health care system and in tax administration, while, simultaneously, we are enhancing the position of Cyprus as a competitive, stable and fully transparent business and investment destination, through enhancing our tax and legal frameworks and providing incentives for new entrepreneurial activities. 

The positive course of the Cypriot economy as well as effective actions in the banking sector have strengthened the confidence of investors and of International Credit Rating Agencies, which is reflected by a number of successive upgrades, currently classifying Cyprus at the investment grade.

Even though Cyprus has yet to reach its full potential in terms of economic growth, I strongly believe that, as a result of the strong commitment and the joint efforts of the private and public sector alike, we are on the right track.

Our plan is to remain focused on maintaining and broadening the conditions under which surpluses and high growth rates can be generated, to continue promoting structural reforms and improving the country’s business environment.

Your Excellency,        

In concluding, High Commissioner Durrani, I welcome you to Cyprus and would like to assure you of the support of myself and the Government of the Republic of Cyprus during the performance of your High Duties. Moreover, I  would kindly ask you to convey a  message  of  genuine  friendship  and  good  will to the President of the Islamic Republic of Pakistan, H.E. Mr Arif Alvi, and also to his well  being and that of the people of Pakistan.

(MG)