Signs are surfacing of renewed competition in the Eastern Mediterranean. Turkey condemned claims made against it at the trilateral summit Greece, Egypt and the Greek Cypriot Administration held earlier this week and vowed “to preserve its rights and interests” in and around Cyprus. Summit participants reportedly proposed maritime demarcations for exclusive economic zones that would marginalize Turkey. The Egyptian press also reported that Russian Foreign Minister Sergey Lavrov said Moscow is ready to boost cooperation with Cairo, particularly in defense, with the goal of maintaining regional stability. The announcement comes on the heels of reports that Greece wants to host U.S. military bases, recalling the small air base the U.S. had on Cyprus between 2013 and 2017 and reviving rumors of Russian military activity in Libya. Energy deposits in the area, meanwhile, are also drawing interest from foreign companies and governments. Between its proximity to the Middle East and its acce
Daily Memo: A Race for Influence in the Eastern Mediterranean, a New Standard for US Trade Deals
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