The Latest: Greek Cypriots reject joint gas drilling panel

Turkey's Foreign Minister Mevlut Cavusoglu, left, shakes hands with North Macedonia's Foreign Minister Nikola Dimitrov, right, prior to their meeting, in Skopje, North Macedonia, Tuesday, July 16, 2019. Cavusoglu on Tuesday downplayed as "worthless" an initial set of sanctions approved by the European Union against Ankara and vowed to send a new vessel to the eastern Mediterranean to reinforce its efforts to drill for hydrocarbons off the island of Cyprus. EU foreign ministers on Monday approved sanctions against Turkey over its drilling for gas in waters where EU member Cyprus has exclusive economic rights. (Cem Ozdel/Turkish Foreign Ministry via AP, Pool)
FILE-In this Thursday, June 20, 2019 file photo, a Turkish police officer patrols the dock, backdropped by the drilling ship 'Yavuz' that was dispatched to the Mediterranean, at the port of Dilovasi, outside Istanbul. The Turkish Foreign Ministry said Wednesday, July 10, 2019 it rejects the European Union's statements condemning its efforts to drill for gas in waters off the coast of Cyprus and says the EU cannot be considered an impartial mediator for the divided island. Cyprus says Turkey is encroaching in waters where the country has exclusive economic rights while the European Union warned Turkey of sanctions. (AP Photo/Lefteris Pitarakis, File)
In this Tuesday, July 9, 2019 photo, a helicopter flies near Turkey's drilling ship, 'Fatih' dispatched towards the eastern Mediterranean, near Cyprus. Turkish officials say the drillships Fatih and Yavuz will drill for gas, which has prompted protests from Cyprus.(Turkish Defence Ministry via AP, Pool)

ANKARA, Turkey — The Latest on Turkey and the sanctions approved by the European Union over the dispute about drilling near Cyprus (all times local):

4:20 p.m.

Greek Cypriot leaders on ethnically split Cyprus have turned down a renewed proposal by breakaway Turkish Cypriots to form a joint committee on managing natural gas discovered offshore the east Mediterranean island nation.

Deputy Minister Vasilis Palmas says the proposal by Turkish Cypriot leader Mustafa Akinci detracts from the substance of Cyprus' political problem and the need for an immediate resumption of reunification negotiations.

Speaking after Tuesday's leaders' meeting chaired by President Nicos Anastasiades, Palmas said Akinci's proposal contains provisions that "don't serve the best interests of either the Cyprus Republic or the Cypriot people as a whole."

Akinci reissued the proposal just prior to the European Union's decision to issue sanctions against Turkey for illegal gas drilling in waters where Cyprus has exclusive economic rights.

___

10 a.m.

Turkey has rejected as "worthless" an initial set of sanctions approved by the European Union against Ankara, and vowed to send a new vessel to the eastern Mediterranean to reinforce its efforts to drill for hydrocarbons off the island of Cyprus.

EU foreign ministers on Monday approved sanctions against Turkey over its drilling for gas in waters where EU member Cyprus has exclusive economic rights. They said they were suspending talks on an air transport agreement, as well as high-level Turkey-EU dialogues, and would call on the European Investment Bank to review its lending to the country.

They also backed a proposal by the EU's executive branch to reduce financial assistance to Turkey for next year. The ministers warned that additional "targeted measures" were being worked on to penalize Turkey, which started negotiations to join the EU in 2005.

The EU sanctions came as Turkey also faces possible economic sanctions from the U.S. over its purchase of a Russian-made missile defense system which Washington says is incompatible with NATO equipment.

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