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The U.S. embassy in Nicosia sponsors a popular pavilion for American products at the annual Cyprus International State Fair, hosts the Commercial Awards dinner, and organizes other events to promote U.S. products throughout the year. Total U.S. exports to Cyprus were about $700 million in 1997 (compared with $670 million in 1996), making the U.S. Cyprus' number-one supplier of total imports for the third year in a row. Exports include American tobacco and tobacco products, automatic data processing and other machinery, and cereals. Principal U.S. imports from Cyprus consist of clothing, footwear, steel tubes and pipes, dairy products, and various food items.

In 1974, following a coup by the Greek backed National Guard and the arrival of Turkish troops (claiming their authority was as one of the 3 international guarantors of Cyprus), the Turkish Cypriots formally set up their own institutions with a popularly elected president and a Prime Minister responsible to the National Assembly exercising joint executive powers. In 1983, the Turkish Cypriots declared an independent "Turkish Republic of Northern Cyprus" (TRNC). In 1985, they adopted a constitution and held elections--an arrangement recognized only by Turkey.

Government computerization and telecommunications development, two of the priorities of the government's 5-year development plan (1994-1998), provide excellent opportunities for U.S. exports. Sales of computer-assisted design systems, new capital equipment for textile, clothing, footwear production, medical equipment, environmental equipment, and services are also expected to grow. U.S. pressure resulted in the adoption of a new copyright law in 1994 and a new patent law in 1998.

Cyprus has an open, free-market, serviced-based economy with some light manufacturing. The Cypriots are among the most prosperous people in the Mediterranean region. Internationally, Cyprus promotes its geographical location as a "bridge" between West and East, along with its educated English-speaking population, moderate local costs, good airline connections, and telecommunications.

The Cyprus Broadcasting Corporation (CyBC) is the main broadcaster in the Greek Cypriot area, although there are also privately-owned radio and TV stations. A TV channel from Greek state broadcaster ERT is also available. The British Forces Broadcasting Service also operates radio and TV stations, although the TV signal is now confined to the Sovereign Base Areas or encrypted for copyright reasons. In the Turkish Cypriot area, Bayrak Radio Televizyon is the local broadcaster, with radio and TV from Turkish state broadcaster TRT also available.

EU law is currently not applied in the Turkish occupied north. The Union has promised to aid and to work towards lifting the trade sanctions imposed by the European Court, but they have ruled out diplomatic recognition of northern Cyprus.

Cyprus (in Greek Kypros and in Turkish Kibris) is an island in the eastern Mediterranean Sea, 113 kilometres (70 miles) south of Turkey and around 120 km west of the Syrian coast.

Cyprus is mentioned by biblical historian Flavius Josephus as being settled by Kittim, son of Javan, grandson of Japheth. "Cethimus possessed the island Cethima: it is now called Cyprus; and from that it is that all islands, and the greatest part of the sea-coasts, are named Cethim by the Hebrews: and one city there is in Cyprus that has been able to preserve its denomination; it has been called Citius by those who use the language of the Greeks, and has not, by the use of that dialect, escaped the name of Cethim."

The Turkish Cypriot area proclaimed its independence in 1975, and the self-styled Turkish Republic of Northern Cyprus was established in 1983. This state was recognised only by Turkey. Furthermore, Organization of the Islamic Conference granted it observer member status under the name of "Turkish Cypriot State". The other power with territory on Cyprus is the United Kingdom. Under the independence agreement, the UK retained title to two small areas on the southern coast of the island, around Akrotiri and Dhekelia, known collectively as the UK sovereign base areas. They are used to host military bases.

After independence Cyprus became a founding member of the Non-Aligned Movement despite all three guarantor powers (Greece, Turkey and the UK) being NATO members. Cyprus left the Non-Aligned Movement in 2004 to join the EU.

Cyprus changed hands numerous times prior to the Medieval era, and was an important outpost of Christianity and European civilization during the Crusades. The tumultuous history introduced a variety of styles, including music from Armenia, France, Greece and Arabs. The island's peak as a cultural capital of Europe occurred from 1359 to 1432.

Since 1974, Cyprus has been divided de facto into the government-controlled southern two-thirds of the island and the Turkish-Cypriot northern one-third. The Government of the Republic of Cyprus has continued as the internationally recognized authority; in practice, its power extends only to the Greek Cypriot-controlled areas.

The metal "copper" in the english languages stems from the Latin word Cyprus. Large deposits of copper are found on the island.