As already indicated by US Secretary of State Mike Pompeo, Washington’s official push is to assist East Mediterranean countries, to start by Cyprus, to export its gas to Europe. The US official indicated several time that the push for East Med gas to the EU is to lessen the latter’s…
Italy has officially announced its intention to endorse and participate in China’s Belt and Road Initiative (BRI). Michele Geraci, the undersecretary in the economic development ministry, suggested that Italy planned to sign a memorandum of understanding to support BRI.
The East Med region, currently fully on the front pages of the international media due to the ongoing offshore gas discoveries in Egypt, Israel and Cyprus, is undergoing radical change.
The multitude of offshore gas discoveries in the East Mediterranean have attracted regional cooperation & economic relations. However, maritime disputes & power projections of the main parties -Turkey, Greece & Cyprus- could lead to military confrontations
There is a Locality vs Globality aspect value attached to both signatories at this time. Both sides of the signatories, signal a possible window of opportunity that seems open for Globality rather Locality