Cyprus |
Russia |
Cypriot–Russian relations refers to bilateral foreign relations between Cyprus and Russia. The USSR established diplomatic relations with the newly independent Republic of Cyprus on 18 August 1960. Cooperation between both countries has increased since the 1990s and the fall of the USSR. Cyprus has an embassy in Moscow and Russia has an embassy in Nicosia.
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When Cyprus gained its independence from the United Kingdom on 16 August 1960, the USSR recognised the newly independent state on 18 August 1960. After the dissolution of the Soviet Union, Cyprus recognised the Russian Federation as the successor state of the former Union on 7 April 1992.[1]
In January 1997 Cyprus signed an agreement with Rosvooruzheniye for the sale and delivery of 40 S-300PMU-1 missiles.[2][3] The sale, valued at US$200 million, caused tensions with Turkey, who threatened to blockade the island to stop delivery, whilst not ruling out military action.[3][4][5] Michael Barletta suggested that the Russians may have made the sale as a rebuke to NATO, which had continued to expand the alliance against Russian objections. He continued to say that the Russians may have been seen to encouraging conflict between NATO allies, which would create opposition to the continued expansion of the alliance, whilst demonstrating that Russia would not accept its security and political interests being ignored by the United States.[2] A spokesman for the Russian Foreign Ministry stated that the deal was on a pure commercial basis, and rejected notions that the deal may be responsible for tensions on Cyprus, whilst pointing out that Russia had proposed demilitarisation of the island.[5] Despite objections from some quarters, Russian Foreign Minister Yevgeny Primakov stated in February 1998 that Russia was intent on delivering the missiles to the Cypriots, and noted that they are defensive weapons.[5][6]
Cyprus is officially the third largest foreign investor in the Russian economy; most of foreign direct investments from Cyprus are in fact, Russian capitals hidden offshore for tax and legal protection purposes.[7] The cooperation with other Russian regions - Tatarstan, St.Petersburg, Krasnodar Region develops steadily. On March 22, 2005 the Memorandum on Cooperation between the Ministry of Trade and Economic Cooperation of the Republic of Tatarstan and the Ministry of Commerce, Industry and Tourism of the Republic of Cyprus was signed.
In 2010 U.S. authorities cracked down on Russian "Illegals Program" in the United States. One of the suspects, Christopher R. Metsos, was detained on June 29th 2010[8] while attempting to depart from Cyprus for Budapest, but was released on bail and then disappeared. The Guardian wrote that "his disappearance has highlighted Cyprus's close ties to Russia, and the potential that Moscow helped him escape from the Mediterranean island".[9]
Dmitry Medvedev and President Demetris Christofias met in Nicosia in 10 October,2010 discussed a wide range of issues, including cooperation in the economy, finance, tourism and humanitarian sphere. Dmitry Medvedev also took part in the Cyprus-Russia Business Forum .
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