Congratulating The Republic Of Cyprus On Its Presidency Of The European Union (Eu)
Mr. Speaker, today I would like to honor the Republic of Cyprus as its first six-month rotation of the European Union Presidency comes to a close. The EU Presidency is a significant event in the history of this nation with which the United…
Mr. Speaker, today I would like to honor the Republic of Cyprus as its first six-month rotation of the European Union Presidency comes to a close. The EU Presidency is a significant event in the history of this nation with which the United States has such a close relationship.
This small, but vigorous country has overseen a number of historic events during its tenure in the Presidency. Most notably, the EU approved a new round of sanctions against Iran. These sanctions are the toughest measures imposed by the EU to date and target Iran's nuclear and ballistic missile program. The sanctions ban financial transactions, prohibit the export to Iran of materials that could be used for its nuclear and ballistic program, ban the importation of natural gas from Iran, and impose an asset freeze and travel ban on 34 additional Iranian entities reportedly providing financial support to the Iranian government. I would like to congratulate the Republic of Cyprus for overseeing the enactment of these sanctions as they will work in tandem with the strong US sanctions imposed against Iran. This is a critically important step that will help to keep the rulers of Iran from fulfilling their quest for nuclear weapons. Furthermore, it will help to ensure the security of our strongest ally in the region, Israel, by maintaining regional stability. Again, I extend my sincere congratulations to the Republic of Cyprus on a successful EU Presidency.
