"We live in a vicious geopolitical circle. Someone said that the people who have no history are blessed," said Saleh S. Jallad, Consultant for Treasury, Insurance and Government Relations, CCC (Consolidated Contractors Company). Jallad believes that the problem is not whether there is gas or oil in Cyprus. The problem is that everyone around wants it. He turned to Greek and Cypriot representatives at the forum, saying, "The future of the fuel you will find is important. But do not forget the risk. We are not talking about the business risk but about the geopolitical risk. If we do not recognize this risk and try to ignore it, all words and efforts will be in vain."
Cyprus should take advantage of its European Union presidency and trigger the conclusion of procedures related to the establishment of the exclusive economic zone, the businessman stressed. He drew attention to the problem with the Turkish occupation of northern Cyprus, which has been pressing for decades now, making an analogy with the situation in the Middle East. "You talk about the Turkish occupation of Cyprus, but nobody talks about the Israeli occupation of Palestine." The security of gas pipelines and gas distribution is a function of the geopolitical situation, Jallad concluded.