The Republic of Cyprus is a sovereign country located on the eastern Mediterranean island of Cyprus. It is officially recognized as an independent state and is a member of various international organizations, including the United Nations and the European Union. The country shares borders with Turkey, Greece, and the internationally unrecognized Turkish Republic of Northern Cyprus.
The political system of the Republic of Cyprus is a unitary presidential constitutional republic. It operates under a multi-party democracy, with the President serving as both the head of state and the head of government. The President is elected by popular vote for a term of five years.
Cyprus has a diverse population consisting of different ethnic and religious groups, primarily Greek Cypriots and Turkish Cypriots. The country's official languages are Greek and Turkish, reflecting these two major communities.
The economy of the Republic of Cyprus is considered to be a developed high-income economy, largely based on services, tourism, and shipping. It has successfully transitioned from an agricultural economy to a predominantly services-oriented one. Cyprus is also known for its favorable tax regime and offshore financial services sector.
The geopolitical situation of Cyprus has been a significant factor in its history, marked by tensions between the Greek Cypriot and Turkish Cypriot communities. The Republic of Cyprus was established in 1960 following its independence from British colonial rule. However, the division of the island into two separate entities, with the Turkish Cypriots forming their self-declared state in the northern part of the island, has been a source of ongoing conflict and international debate.
