No Result
View All Result
Mobile
Subscription
  • Home
  • Britain
  • China
  • Business
  • World
  • Culture
  • Opinion
  • Newspaper
Wednesday, August 26, 2026
中文
  • Home
  • Britain
  • China
  • Business
  • World
  • Culture
  • Opinion
  • Newspaper
No Result
View All Result
Sky Eco News
No Result
View All Result

Britain and Cyprus team up to stop illicit Russian cash flow

Britain and Cyprus team up to stop illicit Russian cash flow

Cypriot President Nikos Christodoulides and British Prime Minister Keir Starmer inspect a guard of honor during a welcome ceremony at the Presidential Palace in Nicosia, Cyprus December 10, 2024. REUTERS/Yiannis Kourtoglou

Britain and Cyprus pledged on Tuesday to fight illicit Russian cash flows during a visit by UK Prime Minister Keir Starmer, in an endorsement of the pro-west tilt the Mediterranean island has taken since Russia’s invasion of Ukraine.

A former British colony, Cyprus has worked hard to shake off a reputation as a haven for Russian businesses and light-touch regulation, aligning with the West over Russia and the growing turmoil in the Middle East.

Britain is providing know-how in helping Cyprus establish a new national sanctions implementation unit, and will launch education programmes for law enforcement teams next year, Downing Street said.

“Together with the Republic of Cyprus, we are stemming the flow of illicit finance through Europe to starve (Russian President Vladimir) Putin’s war machine and protect global stability,” Starmer said in a statement.

Starmer, on a multi-day visit to the Middle East, was in Cyprus on Tuesday, the first visit of a British prime minister to the former colony since Edward Heath in 1971.

Britain has deep ties with Cyprus and still plays a role in Cypriot affairs as one of three guarantor powers of Cypriot independence, along with Turkey and Greece. It still has two military bases on the island.

Starmer visited service personnel and families at RAF Akrotiri, a British military base on the southern coast.

Tuesday’s visit drew criticism from breakaway North Cyprus, a statelet recognised only by Ankara, for ignoring the Turkish Cypriots as the other main party in the Cyprus conflict.

(Reporting by Michele Kambas and Muvija M)

Post Related

Sterling hovers near six-month high underpinned by BoE rate hike expectations

Sterling hovers near six-month high underpinned by BoE rate hike expectations

The pound held its ground near a six-month high versus the dollar on Tuesday, underpinned by expectations for interest rate...

FTSE indexes close higher as housing stocks shine 

FTSE indexes close higher as housing stocks shine 

The main UK stock indexes closed higher on Tuesday, as housing stocks were lifted by the British government's plans to...

UK moves ahead with first £10 billion wave of low-cost housing plan

UK moves ahead with first £10 billion wave of low-cost housing plan

Britain set out plans to spend £10 billion ($13.6 billion) on lower-cost housing for renters with a focus on London,...

UK inflation expectations rise in August after recent falls, Citi/YouGov survey shows

UK inflation expectations rise in August after recent falls, Citi/YouGov survey shows

Public inflation expectations in Britain rose in August, changing course after falling in recent months, a survey from U.S. bank...

One in three UK employers have cut entry-level jobs, survey shows

One in three UK employers have cut entry-level jobs, survey shows

Over a third of British employers have reduced the number of entry-level jobs open to younger workers over the past...

UK’s Burnham says glorifying dangerous driving on social media is ‘reprehensible’

UK’s Burnham says glorifying dangerous driving on social media is ‘reprehensible’

British Prime Minister Andy Burnham said on Monday glorifying dangerous driving on social media was "truly reprehensible", as his government...

Top news

  • Trump sends Saudi nuclear deal to Congress but says Riyadh must recognize Israel
  • US spy chief visits Russia for meetings, media reports
  • Ukraine needs changes to avoid losing war, ousted defence minister says
  • Iran and Oman discuss temporary Hormuz corridor as impasse with US drags on
  • Canada slaps retaliatory tariffs on US goods worth $20 billion as trade war intensifies
SKY ECO NEWS

© 2024 SEMG.

About Us

  • Chinese Emassy, London
  • Embassy of the United Kingdom
  • Xinhua
  • People’s Daily
  • China Daily
  • GlobalTimes
  • The Times
  • BBC

Message

No Result
View All Result
  • Home
  • Britain
  • China
  • Business
  • World
  • Culture
  • Opinion
  • Newspaper

© 2024 SEMG.