Home » News » Why Israel is looking to buy a port in Cyprus – How much is it paying? – 2024-03-13 04:37:03

Why Israel is looking to buy a port in Cyprus – How much is it paying? – 2024-03-13 04:37:03

Israel’s Transport Ministry plans to buy a port in Cyprus to inspect aid destined for the besieged Gaza Strip, Israeli newspaper Yedioth Ahronoth reported on its website.

The newspaper reports that following instructions from Minister Miri Regev, a ministry delegation led by the head of the state-owned Israel Ports Company, Uzi Itzhaki, and members of the Shipping and Seaports Authority, will depart for Cyprus to examine purchase opportunities. port on the “Greek side of the island”, (meaning in the free territories of the Republic of Cyprus).

Israeli estimates indicate that the port will cost around $150 million and that the Cypriots are very interested in this step, which is still in its early stages. The plans will be brought before the Israeli Knesset and submitted to the government for approval.

According to Ynet, the purchase interest is part of Israel’s efforts to find maritime solutions for the supply of goods, particularly in response to security risks arising at the port of Haifa, in the event of a war in the north with Lebanon’s Hezbollah group.

In Cyprus, this information caused confusion, while immediately there were voices of politicians rejecting such a proposal.

#Israel #buy #port #Cyprus #paying

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.