The Republic of Cyprus has de jure sovereignty over the island of Cyprus and its surrounding waters, except for the British military bases of Akrotiri and Dhekelia. The Republic of Cyprus is de facto partitioned into two main parts; the area under the effective control of the Republic of Cyprus, comprising about 59% of the island’s area, and the Turkish-controlled area in the north, calling itself the Turkish Republic of Northern Cyprus and recognised only by Turkey, covering about 36% of the island’s area.

Cyprus is the third most populous island in the Mediterranean Sea and one of its most popular tourist destinations. An advanced, high-income economy with a very high Human Development Index, the Republic of Cyprus was a founding member of the Non-Aligned Movement until it joined the European Union on 1 May 2004. On January 1, 2008, Cyprus joined the euro.