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2023-Cyprus-Country-Report

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CYPRUSCOUNTRY REPORT <strong>2023</strong><br />

GOVERNMENT & POLITICS<br />

A Gateway Between<br />

East and West<br />

The geostrategic location of <strong>Cyprus</strong> at the crossroads<br />

of three continents, and its friendly diplomatic<br />

relations with regional neighbours and beyond,<br />

have helped establish the island as an international<br />

business centre and key player in the East Med.<br />

T<br />

he Republic of <strong>Cyprus</strong> is an independent sovereign republic with a presidential<br />

system of Government, where the President is both head of state and head of<br />

government. The Constitution provides for separate executive, legislative and judicial<br />

branches of government with independent powers.<br />

The eighth president of the Republic of <strong>Cyprus</strong>, Nikos Christodoulides, was elected<br />

for a five-year term on 12 February <strong>2023</strong>. The former diplomat and foreign minister<br />

won in a runoff election taking 51.9% of the vote. His campaign focused on unity, a<br />

vision to reunite the island nation and end the Turkish occupation by creating better<br />

conditions to restart the dialogue to find a solution.<br />

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