|
Red
Sea Management provides Cyprus offshore incorporation, Cyprus offshore asset protection and a full range of services. |
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Report on
Cyprus

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| Background:
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Independence from the UK was approved in 1960 with constitutional
guarantees by the Greek Cypriot majority to the Turkish Cypriot
minority. In 1974, a Greek-sponsored attempt to seize the government
was met by military intervention from Turkey, which soon controlled
almost 40% of the island. In 1983, the Turkish-held area declared
itself the "Turkish Republic of Northern Cyprus", but it is recognized
only by Turkey. UN-led talks on the status of Cyprus resumed in
December 1999 to prepare the ground for meaningful negotiations
leading to a comprehensive settlement.
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|
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| Location:
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Middle East, island in the Mediterranean Sea, south of Turkey
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|
Geographic coordinates:
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35 00 N, 33 00 E
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| Map
references:
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Middle East
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| Area: |
total: 9,250 sq km (of which 3,355 sq km are in the Turkish Cypriot
area)
land: 9,240 sq km
water: 10 sq km
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| Area -
comparative:
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about 0.6 times the size of Connecticut
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| Land
boundaries: |
0 km
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|
Coastline:
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648 km
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| Maritime
claims:
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continental shelf: 200-m depth or to the depth of exploitation
territorial sea: 12 NM
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| Climate:
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temperate, Mediterranean with hot, dry summers and cool, winters
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| Terrain:
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central plain with mountains to north and south; scattered but
significant plains along southern coast
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| Elevation
extremes:
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lowest point: Mediterranean Sea 0 m
highest point: Olympus 1,951 m
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| Natural
resources:
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copper, pyrites, asbestos, gypsum, timber, salt, marble, clay earth
pigment
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| Land use:
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arable land: 12%
permanent crops: 5%
permanent pastures: 0%
forests and woodland: 13%
other: 70% (1993 est.)
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| Irrigated
land:
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390 sq km (1993 est.)
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| Natural
hazards:
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moderate earthquake activity; droughts
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|
Environment - current issues:
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water resource problems (no natural reservoir catchments, seasonal
disparity in rainfall, sea water intrusion to island's largest
aquifer, increased salination in the north); water pollution from
sewage and industrial wastes; coastal degradation; loss of wildlife
habitats from urbanization
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|
Environment - international agreements: |
party to: Air Pollution, Biodiversity, Climate Change, Climate
Change-Kyoto Protocol, Desertification, Endangered Species,
Environmental Modification, Hazardous Wastes, Law of the Sea, Marine
Dumping, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution
signed, but not ratified: Air Pollution-Persistent Organic Pollutants
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| Geography
- note:
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the third largest island in the Mediterranean Sea (after Sicily and
Sardinia)
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|
|
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Population: |
762,887 (July 2001 est.)
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| Age
structure: |
0-14 years: 22.95% (male 89,532; female 85,518)
15-64 years: 66.26% (male 255,368; female 250,140)
65 years and over: 10.79% (male 35,864; female 46,465) (2001 est.)
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|
Population growth rate:
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0.59% (2001 est.)
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| Birth
rate: |
13.08 births/1,000 population (2001 est.)
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| Death
rate: |
7.65 deaths/1,000 population (2001 est.)
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| Net
migration rate: |
0.44 migrant(s)/1,000 population (2001 est.)
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| Sex
ratio: |
at birth: 1.05 male(s)/female
under 15 years: 1.05 male(s)/female
15-64 years: 1.02 male(s)/female
65 years and over: 0.77 male(s)/female
total population: 1 male(s)/female (2001 est.)
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| Infant
mortality rate: |
7.89 deaths/1,000 live births (2001 est.)
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| Life
expectancy at birth: |
total population: 76.89 years
male: 74.6 years
female: 79.3 years (2001 est.)
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| Total
fertility rate: |
1.93 children born/woman (2001 est.)
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| HIV/AIDS
- adult prevalence rate: |
0.1% (1999 est.)
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| HIV/AIDS
- people living with HIV/AIDS: |
400 (1999 est.)
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| HIV/AIDS
- deaths:
|
NA
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|
Nationality: |
noun: Cypriot(s)
adjective: Cypriot
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| Ethnic
groups:
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Greek 78% (99.5% of the Greeks live in the Greek Cypriot area; 0.5% of
the Greeks live in the Turkish Cypriot area), Turkish 18% (1.3% of the
Turks live in the Greek Cypriot area; 98.7% of the Turks live in the
Turkish Cypriot area), other 4% (99.2% of the other ethnic groups live
in the Greek Cypriot area; 0.8% of the other ethnic groups live in the
Turkish Cypriot area)
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|
Religions:
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Greek Orthodox 78%, Muslim 18%, Maronite, Armenian Apostolic, and
other 4%
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|
Languages: |
Greek, Turkish, English
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| Literacy: |
definition: age 15 and over can read and write
total population: 94%
male: 98%
female: 91% (1987 est.) |
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|
| Country
name:
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conventional long form: Republic of Cyprus
conventional short form: Cyprus
note: the Turkish Cypriot area refers to itself as the "Turkish
Republic of Northern Cyprus" (TRNC)
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|
Government type:
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republic
note: a disaggregation of the two ethnic communities inhabiting the
island began following the outbreak of communal strife in 1963; this
separation was further solidified after the Turkish intervention in
July 1974 after a Greek junta-based coup attempt gave the Turkish
Cypriots de facto control in the north; Greek Cypriots control the
only internationally recognized government; on 15 November 1983
Turkish Cypriot "President" Rauf DENKTASH declared independence and
the formation of a "Turkish Republic of Northern Cyprus" (TRNC),
recognized only by Turkey; both sides publicly support a settlement
based on a federation (Greek Cypriot position) or confederation
(Turkish Cypriot position)
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| Capital: |
Nicosia
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Administrative divisions:
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6 districts; Famagusta, Kyrenia, Larnaca, Limassol, Nicosia, Paphos;
note - Turkish Cypriot area's administrative divisions include Kyrenia,
all but a small part of Famagusta, and small parts of Lefkosa
(Nicosia) and Larnaca
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Independence: |
16 August 1960 (from UK); note - Turkish Cypriot area proclaimed
self-rule on 13 February 1975
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| National
holiday: |
Independence Day, 1 October (1960); note - Turkish Cypriot area
celebrates 15 November (1983) as Independence Day
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|
Constitution:
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16 August 1960; negotiations to create the basis for a new or revised
constitution to govern the island and to better relations between
Greek and Turkish Cypriots have been held intermittently; in 1975
Turkish Cypriots created their own constitution and governing bodies
within the "Turkish Federated State of Cyprus," which was renamed the
"Turkish Republic of Northern Cyprus" in 1983; a new constitution for
the Turkish Cypriot area passed by referendum on 5 May 1985
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| Legal
system: |
based on common law, with civil law modifications
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| Suffrage:
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18 years of age; universal
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|
Executive branch:
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chief of state: President Glafcos CLERIDES (since 28 February 1993);
note - the president is both the chief of state and head of
government; post of vice president is currently vacant; under the 1960
constitution, the post is reserved for a Turkish Cypriot
head of government: President Glafcos CLERIDES (since 28 February
1993); note - the president is both the chief of state and head of
government; post of vice president is currently vacant; under the 1960
constitution, the post is reserved for a Turkish Cypriot
cabinet: Council of Ministers appointed jointly by the president and
vice president
elections: president elected by popular vote for a five-year term;
election last held 15 February 1998 (next to be held NA February 2003)
election results: Glafcos CLERIDES reelected president; percent of
vote - Glafcos CLERIDES 50.8%, George IAKOVOU 49.2%
note: Rauf R. DENKTASH has been "president" of the Turkish Cypriot
area since 13 February 1975 ("president" elected by popular vote for a
five-year term); elections last held 15 April 2000 (next to be held NA
April 2005); results - Rauf R. DENKTASH reelected president after the
other contender withdrew; Dervis EROGLU has been "prime minister" of
the Turkish Cypriot area since 16 August 1996; there is a Council of
Ministers (cabinet) in the Turkish Cypriot area
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|
Legislative branch: |
unicameral - Greek Cypriot area: House of Representatives or Vouli
Antiprosopon (80 seats; 56 assigned to the Greek Cypriots, 24 to
Turkish Cypriots; note - only those assigned to Greek Cypriots are
filled; members are elected by popular vote to serve five-year terms);
Turkish Cypriot area: Assembly of the Republic or Cumhuriyet Meclisi
(50 seats; members are elected by popular vote to serve five-year
terms)
elections: Greek Cypriot area: last held 27 May 2001 (next to be held
NA May 2006); Turkish Cypriot area: last held 6 December 1998 (next to
be held NA December 2003)
election results: Greek Cypriot area: House of Representatives -
percent of vote by party - NA%; seats by party - AKEL (Communist) 20,
DISY 19, DIKO 9, KISOS 4, others 4; Turkish Cypriot area: Assembly of
the Republic - percent of vote by party - UBP 40.3%, DP 22.6%, TKP
15.4%, CTP 13.4%, UDP 4.6%, YBH 2.5%, BP 1.2%; seats by party - UBP
24, DP 13, TKP 7, CTP 6
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| Judicial
branch:
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Supreme Court (judges are appointed by the Supreme Council of
Judicature)
note: there is also a Supreme Court in the Turkish Cypriot area
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| Political
parties and leaders: |
Greek Cypriot area: Democratic Party or DIKO [Tassos PAPADOPOULOS];
Democratic Rally or DISY [Nikos ANASTASIADHIS]; Restorative Party of
the Working People or AKEL (Communist Party) [Dimitrios CHRISTOFIAS];
Social Democrats Movement or KISOS (formerly United Democratic Union
of Cyprus or EDEK) [Vassos LYSSARIDIS]; United Democrats Movement or
EDE (formerly Free Democrats Movement or KED) [George VASSILIOU];
Turkish Cypriot area: Communal Liberation Party or TKP [Mustafa AKINCI];
Democratic Party or DP [Salih COSAR]; National Birth Party or UDP [Enver
EMIN]; National Unity Party or UBP [Dervis EROGLU]; Our Party or BP [Okyay
SADIKOGLU]; Patriotic Unity Movement or YBH [Izzet IZCAN]; Republican
Turkish Party or CTP [Mehmet ALI TALAT]
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| Political
pressure groups and leaders: |
Confederation of Cypriot Workers or SEK (pro-West); Confederation of
Revolutionary Labor Unions or Dev-Is; Federation of Turkish Cypriot
Labor Unions or Turk-Sen; Pan-Cyprian Labor Federation or PEO
(Communist controlled)
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International organization participation: |
Australia Group, C, CCC, CE, EBRD, ECE, EU (applicant), FAO, G-77,
IAEA, IBRD, ICAO, ICC, ICFTU, IDA, IFAD, IFC, IFRCS (associate), IHO,
ILO, IMF, IMO, Inmarsat, Intelsat, Interpol, IOC, IOM, ISO, ITU, NAM,
NSG, OAS (observer), OPCW, OSCE, PCA, UN, UNCTAD, UNESCO, UNIDO, UPU, WCL, WFTU, WHO, WIPO, WMO, WToO, WTrO
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Diplomatic representation in the US: |
chief of mission: Ambassador Erato KOZAKOU-MARCOULLIS
chancery: 2211 R Street NW, Washington, DC 20008
telephone: [1] (202) 462-5772
FAX: [1] (202) 483-6710
consulate(s) general: New York
note: representative of the Turkish Cypriot area in the US is Ahmet
ERDENGIZ; office at 1667 K Street NW, Washington, DC; telephone [1]
(202) 887-6198
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|
Diplomatic representation from the US: |
chief of mission: Ambassador Donald K. BANDLER
embassy: corner of Metochiou and Ploutarchou Streets, Engomi, 2407
Nicosia
mailing address: P. O. Box 24536, FPO AE 09836
telephone: [357] (2) 776400
FAX: [357] (2) 780944
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| Flag
description: |
white with a copper-colored silhouette of the island (the name Cyprus
is derived from the Greek word for copper) above two green crossed
olive branches in the center of the flag; the branches symbolize the
hope for peace and reconciliation between the Greek and Turkish
communities
note: the Turkish Cypriot flag has a horizontal red stripe at the top
and bottom between which is a red crescent and red star on a white
field
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| Economy
- overview:
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Economic affairs are affected by the division of the country. 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 is focused on meeting the criteria for
admission to the EU. 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. It
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.
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| GDP:
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Greek Cypriot area: purchasing power parity - $9.7 billion (2000
est.); Turkish Cypriot area: purchasing power parity - $830 million
(1999 est.)
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| GDP -
real growth rate: |
Greek Cypriot area: 4.2% (2000 est.); Turkish Cypriot area: 4.9% (1999
est.)
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| GDP - per
capita: |
Greek Cypriot area: purchasing power parity - $16,000 (2000 est.);
Turkish Cypriot area: purchasing power parity - $5,300 (1999 est.)
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| GDP -
composition by sector: |
Greek Cypriot area: agriculture 6.3%, industry 22.4%, services 71.3%
(1998); Turkish Cypriot area: agriculture 11.8%, industry 20.5%,
services 67.7% (1998)
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|
Population below poverty line: |
NA%
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| Household
income or consumption by percentage share: |
lowest 10%: NA%
highest 10%: NA%
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| Inflation
rate (consumer prices): |
Greek Cypriot area: 4.2% (2000 est.); Turkish Cypriot area: 58% (1999
est.)
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| Labor
force: |
Greek Cypriot area: 291,000; Turkish Cypriot area: 86,300 (2000)
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| Labor
force - by occupation:
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Greek Cypriot area: services 73%, industry 22%, agriculture 5% (2000);
Turkish Cypriot area: services 56.4%, industry 22.8%, agriculture
20.8% (1998)
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Unemployment rate: |
Greek Cypriot area: 3.6% (2000 est.); Turkish Cypriot area: 6% (1998
est.)
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| Budget:
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revenues: Greek Cypriot area - $2.9 billion (2000 est.); Turkish
Cypriot area - $294 million (2000 est.)
expenditures: Greek Cypriot area - $3.2 billion, including capital
expenditures of $324 million (2000 est.); Turkish Cypriot $495
million, including capital expenditures of $60 million (2000 est.)
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|
Industries: |
food, beverages, textiles, chemicals, metal products, tourism, wood
products
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Industrial production growth rate:
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Greek Cypriot area: 2.2% (1999); Turkish Cypriot area: -0.3% (1999)
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Electricity - production: |
2.951 billion kWh (1999); Turkish Cypriot area: NA kWh
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Electricity - production by source:
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fossil fuel: 100%
hydro: 0%
nuclear: 0%
other: 0% (1999)
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Electricity - consumption:
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2.744 billion kWh (1999); Turkish Cypriot area: NA kWh
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Electricity - exports: |
0 kWh (1999)
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Electricity - imports: |
0 kWh (1999)
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Agriculture - products:
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potatoes, citrus, vegetables, barley, grapes, olives, vegetables
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| Exports: |
Greek Cypriot area: $1 billion (f.o.b., 1999 est.); Turkish Cypriot
area: $51.1 million (f.o.b., 1999) |
| Exports -
commodities: |
Greek Cypriot area: citrus, potatoes, grapes, wine, cement, clothing
and shoes; Turkish Cypriot area: citrus, potatoes, textiles
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| Exports -
partners: |
Greek Cypriot area: UK 17.3%, Greece 9.7%, Russia 7.0%, Lebanon 5.2%
(1999); Turkish Cypriot area: Turkey 51%, UK 31%, other EU 16.5%
(1999)
|
| Imports: |
Greek Cypriot area: $3.6 billion (f.o.b., 1999 est.); Turkish Cypriot
area: $402 million (f.o.b., 1999)
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| Imports -
commodities: |
Greek Cypriot area: consumer goods, petroleum and lubricants, food and
feed grains, machinery; Turkish Cypriot area: food, minerals,
chemicals, machinery
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| Imports -
partners: |
Greek Cypriot area: UK 11.2%, US 10.6%, Italy 8.8%, Greece 8.2%,
Germany 6.7% (1999); Turkish Cypriot area: Turkey 58.6%, UK 12.5%,
other EU 13% (1999) |
| Debt -
external: |
Greek Cypriot area: $NA; Turkish Cypriot area: $NA
|
| Economic
aid - recipient: |
Greek Cypriot area - $17 million (1998); Turkish Cypriot area - $700
million from Turkey in grants and loans (1990-97) that are usually
forgiven
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| Currency:
|
Greek Cypriot area: Cypriot pound (CYP); Turkish Cypriot area: Turkish
lira (TRL)
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| Currency
code: |
CYP; TRL
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| Exchange
rates:
|
Cypriot pounds per US dollar - 0.6146 (January 2001), 0.6208 (2000),
0.5423 (1999), 0.5170 (1998), 0.5135 (1997), 0.4663 (1996); Turkish
liras per US dollar - 677,621 (December 2000), 625,219 (2000), 418,783
(1999), 260,724 (1998), 151,865 (1997), 81,405 (1996)
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| Fiscal
year: |
calendar year
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|
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Telephones - main lines in use:
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Greek Cypriot area: 405,000 (1998); Turkish Cypriot area: 83,162
(1998)
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Telephones - mobile cellular: |
Greek Cypriot area: 68,000 (1998); Turkish Cypriot area: 70,000 (1999)
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Telephone system: |
general assessment: excellent in both the Greek Cypriot and Turkish
Cypriot areas
domestic: open wire, fiber-optic cable, and microwave radio relay
international: tropospheric scatter; 3 coaxial and 5 fiber-optic
submarine cables; satellite earth stations - 3 Intelsat (1 Atlantic
Ocean and 2 Indian Ocean), 2 Eutelsat, 2 Intersputnik, and 1 Arabsat
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| Radio
broadcast stations: |
Greek Cypriot area: AM 7, FM 60, shortwave 1 (1998); Turkish Cypriot
area: AM 3, FM 11, shortwave 1 (1998)
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| Radios: |
Greek Cypriot area: 310,000 (1997); Turkish Cypriot area: 56,450
(1994)
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|
Television broadcast stations: |
Greek Cypriot area: 4 (plus 225 low-power repeaters) (September 1995);
Turkish Cypriot area: 4 (plus 5 repeaters) (September 1995)
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Televisions: |
Greek Cypriot area: 248,000 (1997); Turkish Cypriot area: 52,300
(1994)
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| Internet
country code: |
.cy
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| Internet
Service Providers (ISPs): |
6 (2000)
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| Internet
users: |
80,000 (2000) |
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| Railways:
|
0 km
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| Highways: |
total: Greek Cypriot area: 10,663 km (1998 est.); Turkish Cypriot
area: 2,350 km (1996 est.)
paved: Greek Cypriot area: 6,249 km (1998 est.); Turkish Cypriot
area: 1,370 km (1996 est.)
unpaved: Greek Cypriot area: 4,414 km (1998 est.); Turkish Cypriot
area: 980 km (1996 est.)
|
|
Waterways: |
none
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| Ports and
harbors: |
Famagusta, Kyrenia, Larnaca, Limassol, Paphos, Vasilikos
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| Merchant
marine: |
total: 1,328 ships (1,000 GRT or over) totaling 22,905,542 GRT/36,312,219
DWT
ships by type: barge carrier 2, bulk 431, cargo 438, chemical tanker
23, combination bulk 36, combination ore/oil 4, container 140,
liquefied gas 6, passenger 8, passenger/cargo 1, petroleum tanker 143,
refrigerated cargo 40, roll on/roll off 42, short-sea passenger 9,
specialized tanker 2, vehicle carrier 3
note: includes some foreign-owned ships registered here as a flag of
convenience: Austria 8, Belgium 7, China 10, Cuba 10, Denmark 2,
Germany 79, Greece 385, Hong Kong 9, Croatia 2, India 5, Iran 1,
Israel 4, Italy 2, Japan 19, South Korea 3, Latvia 10, Lithuania 1,
Monaco 1, Netherlands 13, Norway 11, Poland 9, Portugal 3, Russia 42,
Singapore 1, Spain 5, Sudan 2, Sweden 3, Switzerland 2, UAE 6, UK 8, Ukraine 2, US 9, Venezuela 2 (2000 est.)
|
| Airports: |
15 (2000 est.)
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| Airports
- with paved runways: |
total: 12
2,438 to 3,047 m: 7
1,524 to 2,437 m: 1
914 to 1,523 m: 3
under 914 m: 1 (2000 est.)
|
| Airports
- with unpaved runways: |
total: 3
914 to 1,523 m: 1
under 914 m: 2 (2000 est.)
|
|
Heliports: |
7 (2000 est.) |
|
|
| Military
branches: |
Greek Cypriot area: Greek Cypriot National Guard (GCNG; includes air
and naval elements), Hellenic Forces Contingent on Cyprus (ELDYK),
Greek Cypriot Police; Turkish Cypriot area: Turkish Cypriot Security
Force (TCSF), Turkish mainland army units
|
| Military
manpower - military age: |
18 years of age
|
| Military
manpower - availability: |
males age 15-49: 198,275 (2001 est.)
|
| Military
manpower - fit for military service: |
males age 15-49: 136,147 (2001 est.)
|
| Military
manpower - reaching military age annually: |
males: 6,616 (2001 est.)
|
| Military
expenditures - dollar figure: |
$370 million (FY00)
|
| Military
expenditures - percent of GDP: |
4.2% (FY00)
|
|
|
| Disputes
- international: |
1974 hostilities divided the island into two de facto autonomous
areas, a Greek Cypriot area controlled by the internationally
recognized Cypriot Government (59% of the island's land area) and a
Turkish-Cypriot area (37% of the island), that are separated by a UN
buffer zone (4% of the island); there are two UK sovereign base areas
mostly within the Greek Cypriot portion of the island |
| Illicit
drugs: |
minor transit point for heroin and hashish via air routes and
container traffic to Europe, especially from Lebanon and Turkey; some
cocaine transits as well |