NewsLocalProvisions of SBAs development agreement to be implemented early autumn

Provisions of SBAs development agreement to be implemented early autumn

The provisions agreed between the Republic of Cyprus and the British side concerning the development of properties located within the areas of the British Bases in Cyprus will be implemented early next autumn, following the conclusion of an environmental study, Government Spokesman Prodromos Prodromou says in a written statement.

He adds that stakeholders were briefed today about the implementation of the relevant agreement, during a meeting at the Presidential Palace, under President of Cyprus Nicos Anastasiades.

The President of the Republic expressed his satisfaction, because after a thorough process it is now possible for communities and for thousands of residents and real estate owners to benefit from the development potential that arises, the announcement says.

During the meeting, it is added, the Minister of Foreign Affairs, the Minister of Interior and officials briefed the Presidents of the affected communities about the final regulations agreed between state authorities and the British side, as well as about the development potential.

These regulations will be implemented in the beginning of next autumn, following the completion of a strategic environmental study that has already started, the announcement continues.

The meeting was attended by the Presidents of the affected Community Councils and representatives of the Union of Cyprus Municipalities and the Union of Cyprus Communities. Local authorities thanked the President and the government, as well as the competent authorities for working in order to implement the general agreement, underlining its historic importance and its positive effect on local communities, the announcement adds.

More talks will follow between government services and the affected local communities in the next weeks, Prodromou concludes.

(Cyprus News Agency)

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