The Minister of Commerce, Industry and Tourism Mr Nicos Rolandis presided over a Ministerial Committee meeting yesterday, which focused on the issue of the demarcation of the Exclusive Economic Zone between Cyprus and Egypt.

According to an official announcement, the meeting was attended by the Minister of Finance Mr Takis Clerides, representatives of the Ministries of Foreign Affairs and Agriculture, Natural Resources and Environment, as well as other government officials.

Mr Rolandis said that the talks with Egypt on the issue of the Exclusive Economic Zone were at an advanced level.

The Commerce Minister noted that the government would proceed with negotiations with other countries of the region, as well. He indicated that at the present stage, there were some problems with Eastern Mediterranean countries, which did not allow an agreement to be reached on the issue of the Exclusive Economic Zone.