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President Anastasiades briefs interested parties on agreement on British Bases

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President Anastasiades briefs interested parties on agreement on British Bases

Cyprus President Nicos Anastasiades briefs Wednesday all interested parties on the recent agreement signed with the British government on the development of territory in the British Bases on the island.

The presentation takes place at the Presidential Palace with the participation of political parties, Parliamentarians, local authorities, representatives from the Cyprus Commerce and Industry Chamber, the Cyprus Employers and Industrialists Federation, Cyprus Investment Promotion Agency and other interested parties.

The agreement was signed last week and will allow residents increased flexibility to develop private property within the British Sovereign Bases.

Britain, a former colonial power, has retained two military bases in Cyprus and several sites after it granted the island its independence in 1960.