The agreement between the TRNC and the Turkish Petroleum Corporation (TPAO) to conduct searches for hydrocarbons offshore Cyprus by TPAO, has been renewed for a further six years by the Council of Ministers.
This was among other decisions taken by the Cabinet which included the approval of the budget which is envisaged to be 5 billion 815 million TL.
Discussions on the budget will take place at the Assembly this week.
Kibris