U.S.-Cyprus Partnership Strengthens with New Bilateral Lease Agreement

Secretary of State Anthony Blinken emphasized that the U.S.-Cyprus partnership is growing stronger, deeper, and broader, highlighting Cyprus as an essential player in the region and a valued partner for the United States. This sentiment was echoed during the announcement of a strategic dialogue between the two nations, aimed at enhancing their bilateral relationship.

Strengthening Bilateral Relations

The recent signing of a bilateral agreement marks a significant step towards including Cyprus in the U.S. visa waiver program, allowing Cypriot citizens to travel to the United States without prior entry permits. President Nikos Christodoulides expressed great satisfaction with this development, noting that it significantly upgrades and strengthens the strategic relationship between Cyprus and the United States.

Christodoulides highlighted that cooperation will be enhanced in areas such as energy, research and technology, security, trade, and investment opportunities. He also mentioned the intensive work with American authorities to include Cyprus in the visa waiver program, facilitated by a bilateral cooperation agreement for the exchange of travel information.

U.S. Ambassador to Cyprus Julie Fisher stated that the strategic dialogue would strengthen ties between the two countries, presenting an opportunity to bring governments, businesses, and people closer together. On behalf of Cyprus, Ambassador Evangelos Savva signed the agreement.

Strategic Dialogue and Regional Cooperation

In his welcoming remarks, Secretary Blinken emphasized the importance of this moment in U.S.-Cyprus relations. He pointed out that the first strategic dialogue would take place this fall in Cyprus, underscoring the strengthening, deepening, and broadening of their relationship across various sectors, including trade, science and technology, security, education, and people-to-people ties.

Foreign Minister Constantinos Kombos reaffirmed the importance of the Cyprus-U.S. relationship and announced the Strategic Dialogue between the two countries. He emphasized that Cyprus is a reliable and predictable partner for the U.S., playing a crucial role in regional solutions.

Energy Cooperation

Foreign Minister Kombos also met with Geoffrey R. Pyatt, Assistant Secretary for Energy Resources and former U.S. Ambassador to Athens. They discussed the full spectrum of the Cyprus-U.S. energy agenda, including eastern Mediterranean energy, offshore gas development, electricity interconnections, and deeper regional integration.

Last Friday, Kombos addressed an event at the United Nations in New York to mark the 60th anniversary of the arrival of the UN peacekeeping force in Cyprus (Unficyp). He paid tribute to the courage and sacrifice of UN peacekeepers and highlighted the ongoing challenges posed by the Turkish occupation since 1974.

Kombos condemned recent attacks against Unficyp members and stressed that maintaining an “equal-distance policy” is dangerous. He concluded by asserting that “the UN cannot be intimidated” and must uphold the principles for which peacekeepers sacrificed their lives.

.
The U.S.-Cyprus bilateral agreement focuses on enhancing security measures, information sharing, and meeting specific criteria to qualify Cyprus for the Visa Waiver Program. This initiative aims to facilitate easier travel for Cypriot citizens while ensuring robust security protocols are maintained.

Does the bilateral agreement bring Cyprus closer to the U.S. visa waiver program?

Send a request and get a free consultation:

Business Cyprus News, Digging Deeper: Unraveling the Employment Agreement

August 2025
Cyprus Economic Growth Indicator Stable in June Amid Lease Trends
The year-over-year growth rate of the Cyprus Composite Leading Economic Index remained stable in June. This stability is attributed to opposing trends within the economic indicators. The University of Cyprus noted these findings in their monthly report, highlighting the importance of lease agreements in the market.
Tourism Sector Sees Growth with New Hotel and Entertainment Leases
A surge in investment for tourism development, including hotels and entertainment venues, is underway. Efforts focus on upgrading staff, food, and service quality. Tourist arrivals have increased by 8% annually, supported by favorable planning policies. Leasing opportunities are also expanding.
Businesses in Cyprus Seek Lease Adjustments Amid Heatwave Challenges
A major tech firm has signed a 10-year lease for a new office space in downtown San Francisco. The move aims to accommodate the company's expanding workforce and foster innovation. This strategic decision reflects the firm's commitment to growth and its confidence in the city's business environment.
Hellenic Bank is set to unveil its quarterly financial results on May 24, providing insights into its performance for the first part of 2024. Investors and analysts await the details with keen interest.
Hellenic Bank Housing Loans provide flexible options for purchasing, building, or renovating a home. With competitive rates, customized repayment plans, and choices between fixed and variable interest, these loans are designed to make owning a home more accessible and manageable.

Understanding employment contracts

  • Contract basics
  • Template examples
  • Sample agreements
  • Negotiation tips
    Thanks for the apply!
    We will get back to you within 1 business day
    You can schedule a call time at your convenience now:
    In the meantime, you can get a free consultation
    with our AI-assistant