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Top Cyprus Resources
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 has been liberalizing its trade regime by eliminating import quotas and licenses and lowering tariffs on most products as a result of its obligations under the new world trade agreement and its Customs Union agreement with the European Union. As a result, U.S. products are becoming more competitive in Cyprus and prospects for further expansion of bilateral trade ties are excellent. 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. The Republic of Cyprus is the internationally recognised government of the island, and it controls the southern two-thirds of the island. Almost all foreign governments and the United Nations recognise the sovereignty of the Republic of Cyprus over the whole island of Cyprus. The central plain (Mesaoria) with the Kyrenia/Girne and Pentadactylos/Besparnak mountains to the north and the Troodos mountain range to the south and west. There are also scattered but significant plains along the southern coast. The climate is temperate, Mediterranean with hot, dry summers and cool, variably rainy winters. Economic affairs in Cyprus are dominated by the division of the country into the southern (Greek) area controlled by the Cyprus Government and the northern Turkish Cypriot-administered area. The Greek Cypriot economy is prosperous but highly susceptible to external shocks. Erratic growth rates in the 1990s reflect the economy's vulnerability to swings in tourist arrivals, caused by political instability on the island and fluctuations in economic conditions in Western Europe. Economic policy in the south is focused on meeting the criteria for admission to the European Union. As in the Turkish sector, water shortage is a growing problem, and several desalination plants are planned. The Turkish Cypriot economy has about one-fifth the population and one-third the per capita GDP of the south. Because it is recognized only by Turkey, it has had much difficulty arranging foreign financing, and foreign firms have hesitated to invest there. The economy remains heavily dependent on agriculture and government service, which together employ about half of the work force. Moreover, the small, vulnerable economy has suffered because the Turkish lira is legal tender. To compensate for the economy's weakness, Turkey provides direct and indirect aid to tourism, education, industry, etc. Cyprus has a well-developed system of primary and secondary education. The majority of Cypriots earn their higher education at Greek, Turkish, British, or American universities, while there are also sizeable emigrant communities in the United Kingdom and Australia. Private colleges and state-supported universities have been developed by both the Turkish and Greek communities. 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. Cyprus is geographically in Western Asia. Historically, Cyprus has always been a bridgehead between Europe and Asia, with interchanging periods of Levantine, Anatolian, and Greek influences.
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