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  Introduction
  Geography
  People
  Government
  Economy
  Communications
  Transportation
  Military
  Transnational Issues

In general, information available as of 1 January, 2004
was used in the preparation of The World Factbook 2004.


This page was last updated on 11 May, 2004


Map of Cyprus

Legend: DefinitionDefinition Field ListingField Listing Rank OrderRank Order
   Introduction    Cyprus
Background:
Definition Field Listing
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 direct talks between the two sides to reach a comprehensive settlement to the division of the island began in January 2002 and will reach a culmination when a referendum of all Cypriots is held on 21 April 2004, just 10 days before the Greek part of Cyprus is scheduled to join the EU.
   Geography    Cyprus
Location:
Definition Field Listing
Middle East, island in the Mediterranean Sea, south of Turkey
Geographic coordinates:
Definition Field Listing
35 00 N, 33 00 E
Map references:
Definition Field Listing
Middle East
Area:
Definition Field Listing Rank Order
total: 9,250 sq km (of which 3,355 sq km are in the Turkish Cypriot area)
water: 10 sq km
land: 9,240 sq km
Area - comparative:
Definition Field Listing
about 0.6 times the size of Connecticut
Land boundaries:
Definition Field Listing
0 km
Coastline:
Definition Field Listing
648 km
Maritime claims - as described in UNCLOS 1982 (see Notes and Definitions):
Definition Field Listing
territorial sea: 12 NM
continental shelf: 200-m depth or to the depth of exploitation
Climate:
Definition Field Listing
temperate; Mediterranean with hot, dry summers and cool winters
Terrain:
Definition Field Listing
central plain with mountains to north and south; scattered but significant plains along southern coast
Elevation extremes:
Definition Field Listing
lowest point: Mediterranean Sea 0 m
highest point: Olympus 1,951 m
Natural resources:
Definition Field Listing
copper, pyrites, asbestos, gypsum, timber, salt, marble, clay earth pigment
Land use:
Definition Field Listing
arable land: 14.4%
permanent crops: 4.5%
other: 81.1% (2001 est.)
Irrigated land:
Definition Field Listing
382 sq km (2001 est.)
Natural hazards:
Definition Field Listing
moderate earthquake activity; droughts
Environment - current issues:
Definition Field Listing
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
Environment - international agreements:
Definition Field Listing
party to: Air Pollution, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution
signed, but not ratified: Air Pollution-Persistent Organic Pollutants
Geography - note:
Definition Field Listing
the third largest island in the Mediterranean Sea (after Sicily and Sardinia)
   People    Cyprus
Population:
Definition Field Listing Rank Order
775,927 (July 2004 est.)
Age structure:
Definition Field Listing
0-14 years: 21.4% (male 84,850; female 81,235)
15-64 years: 67.4% (male 264,441; female 258,150)
65 years and over: 11.2% (male 38,058; female 49,193) (2004 est.)
Median age:
Definition Field Listing
total: 34.4 years
male: 33.4 years
female: 35.5 years (2004 est.)
Population growth rate:
Definition Field Listing
0.55% (2004 est.)
Birth rate:
Definition Field Listing Rank Order
12.66 births/1,000 population (2004 est.)
Death rate:
Definition Field Listing Rank Order
7.63 deaths/1,000 population (2004 est.)
Net migration rate:
Definition Field Listing
0.43 migrant(s)/1,000 population (2004 est.)
Sex ratio:
Definition Field Listing
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 (2004 est.)
Infant mortality rate:
Definition Field Listing Rank Order
total: 7.36 deaths/1,000 live births
female: 5.44 deaths/1,000 live births (2004 est.)
male: 9.19 deaths/1,000 live births
Life expectancy at birth:
Definition Field Listing Rank Order
total population: 77.46 years
male: 75.11 years
female: 79.92 years (2004 est.)
Total fertility rate:
Definition Field Listing Rank Order
1.85 children born/woman (2004 est.)
HIV/AIDS - adult prevalence rate:
Definition Field Listing Rank Order
0.1% (2003 est.)
HIV/AIDS - people living with HIV/AIDS:
Definition Field Listing Rank Order
less than 1,000 (1999 est.)
HIV/AIDS - deaths:
Definition Field Listing Rank Order
NA
Nationality:
Definition Field Listing
noun: Cypriot(s)
adjective: Cypriot
Ethnic groups:
Definition Field Listing
Greek 77%, Turkish 18%, other 5% (2001)
Religions:
Definition Field Listing
Greek Orthodox 78%, Muslim 18%, Maronite, Armenian Apostolic, and other 4%
Languages:
Definition Field Listing
Greek, Turkish, English
Literacy:
Definition Field Listing
definition: age 15 and over can read and write
total population: 97.6%
male: 98.9%
female: 96.3% (2003 est.)
   Government    Cyprus
Country name:
Definition Field Listing
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)
Government type:
Definition Field Listing
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)
Capital:
Definition Field Listing
Nicosia
Administrative divisions:
Definition Field Listing
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 Lefkosia (Nicosia) and Larnaca
Independence:
Definition Field Listing
16 August 1960 (from UK); note - Turkish Cypriot area proclaimed self-rule on 13 February 1975
National holiday:
Definition Field Listing
Independence Day, 1 October (1960); note - Turkish Cypriot area celebrates 15 November (1983) as Independence Day
Constitution:
Definition Field Listing
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
Legal system:
Definition Field Listing
based on common law, with civil law modifications
Suffrage:
Definition Field Listing
18 years of age; universal
Executive branch:
Definition Field Listing
chief of state: President Tassos PAPADOPOULOS (since 1 March 2003); 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 Tassos PAPADOPOULOS (since 1 March 2003); 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 16 February 2003 (next to be held NA February 2008)
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; Mehmet Ali TALAT has been "prime minister" of the Turkish Cypriot area since mid-January 2004; there is a Council of Ministers (cabinet) in the Turkish Cypriot area
election results: Tassos PAPADOPOULOS elected president; percent of vote - Tassos PAPADOPOULOS 51.5%, Glafkos KLIRIDIS 38.8%, Alekos MARKIDIS 6.6%
Legislative branch:
Definition Field Listing
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)
election results: Greek Cypriot area: House of Representatives - percent of vote by party - AKEL 34.71%, DISY 34%, DIKO 14.84%, KISOS 6.51%, others 9.94%; 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 - CTP 35.8%, UBP 32.3%, Peace and Democratic Movement 13.4%, DP 12.3%; seats by party - CTP 19, UBP 18, Peace and Democratic Movement 6, DP 7
elections: Greek Cypriot area: last held 27 May 2001 (next to be held NA May 2006); Turkish Cypriot area: last held 14 December 2003 (next to be held NA December 2008)
Judicial branch:
Definition Field Listing
Supreme Court (judges are appointed jointly by the president and vice president)
note: there is also a Supreme Court in the Turkish Cypriot area
Political parties and leaders:
Definition Field Listing
Greek Cypriot area: Democratic Party or DIKO [Tassos PAPADOPOULOS]; Democratic Rally or DISY [Nikos ANASTASIADHIS]; Fighting Democratic Movement or ADIK [Dinos MIKHAILIDIS]; Green Party of Cyprus [George PERDIKIS]; New Horizons [Nikolaus KOUTSOU]; 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) [Yiannakis OMIROU]; United Democrats Movement or EDE [George VASSILIOU]; Turkish Cypriot area: Democratic Party or DP [Serder DENKTASH]; 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 [Alpay DURDURAN]; Peace and Democratic Movement [Mustafa AKINCI]; Republican Turkish Party or CTP [Mehmet ALI TALAT]
Political pressure groups and leaders:
Definition Field Listing
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)
International organization participation:
Definition Field Listing
Australia Group, C, CE, EBRD, EU (new member), FAO, G-77, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, IDA, IFAD, IFC, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, ISO, ITU, NAM, NSG, OAS (observer), OPCW, OSCE, PCA, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WToO, WTrO
Diplomatic representation in the US:
Definition Field Listing
chief of mission: Ambassador Euripides L. EVRIVIADES
chancery: 2211 R Street NW, Washington, DC 20008
FAX: [1] (202) 483-6710
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
consulate(s): New York
consulate(s) general: New York
telephone: [1] (202) 462-5772
Diplomatic representation from the US:
Definition Field Listing
chief of mission: Ambassador Michael KLOSSON
embassy: corner of Metochiou and Ploutarchou Streets, Engomi, 2407 Nicosia
mailing address: P. O. Box 24536, 1385 Nikosia
telephone: [357] (22) 776400
FAX: [357] (22) 780944
Flag description:
Definition Field Listing
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
   Economy    Cyprus
Economy - overview:
Definition Field Listing
The Greek Cypriot economy is prosperous but highly susceptible to external shocks. Erratic growth rates over the past decade reflect the economy's vulnerability to swings in tourist arrivals, caused by political instability in the region and fluctuations in economic conditions in Western Europe. Economic policy is focused on meeting the criteria for admission to the EU. EU-driven tax reforms in 2003 have introduced fiscal imbalances, which, coupled with a sluggish tourism sector, have resulted in growing fiscal deficits. As in the Turkish sector, water shortages are a perennial problem; a few desalination plants are now on-line. After 10 years of drought, the country received substantial rainfall from 2001-03, alleviating immediate concerns. The Turkish Cypriot economy has roughly one-third of the per capita GDP of the south. Because it is recognized only by Turkey, it has had much difficulty arranging foreign financing and investment. It remains heavily dependent on agriculture and government service, which together employ about half of the work force. To compensate for the economy's weakness, Turkey provides grants and loans to support economic development. Ankara provided $200 million in 2002 and pledged $450 million for the 2003-05 period. Future events throughout the island will be highly influenced by the outcome of negotiations on the UN-sponsored agreement to unite the Greek and Turkish areas.
GDP:
Definition Field Listing Rank Order
Greek Cypriot area: purchasing power parity - $8.9 billion (2003 est.); Turkish Cypriot area: purchasing power parity - $1.217 billion (2003 est.)
GDP - real growth rate:
Definition Field Listing Rank Order
Greek Cypriot area: 1.6% (2003 est.); Turkish Cypriot area: 2.6% (2003 est.)
GDP - per capita:
Definition Field Listing Rank Order
Greek Cypriot area: purchasing power parity - $16,000 (2003 est.); Turkish Cypriot area: purchasing power parity - $5,600 (2003 est.)
GDP - composition by sector:
Definition Field Listing
Greek Cypriot area: agriculture 4.9%; industry 19.9%; services 75.6%
Turkish Cypriot area: agriculture 10.6%; industry 20.5%; services 68.9% (2003)
Population below poverty line:
Definition Field Listing
NA%
Household income or consumption by percentage share:
Definition Field Listing
lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices):
Definition Field Listing Rank Order
Greek Cypriot area: 4% (2003 est.); Turkish Cypriot area: 12.6% (2003 est.)
Labor force:
Definition Field Listing Rank Order
Greek Cypriot area: 306,000; Turkish Cypriot area: 95,025 (2000)
Labor force - by occupation:
Definition Field Listing
Greek Cypriot area: services 75.6%, industry 19.4%, agriculture 4.9% (2003); Turkish Cypriot area: services 68.9%, industry 20.5%, agriculture 10.6% (2003)
Unemployment rate:
Definition Field Listing Rank Order
Greek Cypriot area: 3.4%; Turkish Cypriot area: 5.6% (2003 est.)
Budget:
Definition Field Listing
revenues: Greek Cypriot area - $4.4 billion, Turkish Cypriot area - $231.3 million (2002 est.)
expenditures: Greek Cypriot area - $539 million, including capital expenditures of $539 million, Turkish Cypriot area - $432.8 million, including capital expenditures of NA (2003 est.)
Industries:
Definition Field Listing
food, beverages, textiles, chemicals, metal products, tourism, wood products
Industrial production growth rate:
Definition Field Listing Rank Order
Greek Cypriot area: -1.4% (2002); Turkish Cypriot area: -0.3% (2002)
Electricity - production:
Definition Field Listing Rank Order
3.401 billion kWh; Turkish Cypriot area: NA kWh (2001)
Electricity - production by source:
Definition Field Listing
fossil fuel: 100%
other: 0% (2001)
hydro: 0%
nuclear: 0%
Electricity - consumption:
Definition Field Listing Rank Order
Greek Cypriot area: 3.163 billion kWh; Turkish Cypriot area: NA kWh (2001)
Electricity - exports:
Definition Field Listing
0 kWh (2001)
Electricity - imports:
Definition Field Listing
0 kWh (2001)
Oil - production:
Definition Field Listing Rank Order
0 bbl/day (2001 est.)
Oil - consumption:
Definition Field Listing Rank Order
49,000 bbl/day (2001 est.)
Oil - exports:
Definition Field Listing Rank Order
NA
Oil - imports:
Definition Field Listing Rank Order
NA
Agriculture - products:
Definition Field Listing
potatoes, citrus, vegetables, barley, grapes, olives, vegetables, poultry, pork, lamb, kids, dairy
Exports:
Definition Field Listing Rank Order
Greek Cypriot area: $1.054 billion f.o.b. Turkish Cypriot area: $46 million f.o.b. (2003 est.)
Exports - commodities:
Definition Field Listing
Greek Cypriot area: citrus, potatoes, pharmaceuticals, cement, clothing and cigarettes; Turkish Cypriot area: citrus, potatoes, textiles
Exports - partners:
Definition Field Listing
UK 26.7%, Greece 6.6%, France 4.9%, Poland 4.3% (2002)
Imports:
Definition Field Listing Rank Order
Greek Cypriot area: $4.637 billion f.o.b.; Turkish Cypriot area: $301 million f.o.b. (2003 est.)
Imports - commodities:
Definition Field Listing
Greek Cypriot area: consumer goods, petroleum and lubricants, intermediate goods, machinery, transport equipment; Turkish Cypriot area: food, minerals, chemicals, machinery
Imports - partners:
Definition Field Listing
Russia 17.1%, Greece 7.1%, Germany 6.6%, France 6.4%, UK 6.3%, Italy 6.3%, South Korea 5.4%, Japan 5.1% (2002)
Debt - external:
Definition Field Listing Rank Order
Greek Cypriot area: $8 billion; Turkish Cypriot area: $NA (2002)
Economic aid - recipient:
Definition Field Listing
Greek Cypriot area - $17 million (1998); Turkish Cypriot area - $700 million from Turkey in grants and loans (1990-97), which are usually forgiven (1998)
Currency:
Definition Field Listing
Greek Cypriot area: Cypriot pound (CYP); Turkish Cypriot area: Turkish lira (TRL)
Currency code:
Definition Field Listing
CYP; TRL
Exchange rates:
Definition Field Listing
Cypriot pounds per US dollar - 0.52 (2003), 0.61 (2002), 0.64 (2001), 0.62 (2000), 0.54 (1999), Turkish lira per US dollar 1.505 million (2003), 1.507 million (2002), 1,225,590 (2001), 625,218 (2000), 418,783 (1999)
Fiscal year:
Definition Field Listing
calendar year
   Communications    Cyprus
Telephones - main lines in use:
Definition Field Listing Rank Order
Greek Cypriot area: 405,000 (1998); Turkish Cypriot area: 83,162 (1998)
Telephones - mobile cellular:
Definition Field Listing Rank Order
Greek Cypriot area: 68,000 (1998); Turkish Cypriot area: 70,000 (1999)
Telephone system:
Definition Field Listing
general assessment: excellent in both the Greek Cypriot and Turkish Cypriot areas
domestic: open-wire, fiber-optic cable, and microwave radio relay
international: country code - 357; 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
Radio broadcast stations:
Definition Field Listing
Greek Cypriot area: AM 7, FM 60, shortwave 1 (1998); Turkish Cypriot area: AM 3, FM 11, shortwave 1 (1998)
Television broadcast stations:
Definition Field Listing
Greek Cypriot area: 4 (plus 225 low-power repeaters) (September 1995);; Turkish Cypriot area: 4 (plus 5 repeaters) (September 1995)
Internet country code:
Definition Field Listing
.cy
Internet hosts:
Definition Field Listing Rank Order
2,692 (2002)
Internet users:
Definition Field Listing Rank Order
210,000 (2002)
   Transportation    Cyprus
Railways:
Definition Field Listing Rank Order
0 km
Highways:
Definition Field Listing Rank Order
total: 13,491 km
note: Greek Cypriot area: 11,141 km; Turkish Cypriot area: 2,350 km
unpaved: Greek Cypriot area: 4,713 km; Turkish Cypriot area: 980 km (2000/1996)
paved: Greek Cypriot area: 6,428 km; Turkish Cypriot area: 1,370 km
Waterways:
Definition Field Listing
none
Ports and harbors:
Definition Field Listing
Famagusta, Kyrenia, Larnaca, Limassol, Paphos, Vasilikos
Merchant marine:
Definition Field Listing
total: 1,066 ships (1,000 GRT or over) 22,016,374 GRT/35,760,004 DWT
registered in other countries: 100 (2003 est.)
by type: bulk 403, cargo 276, chemical tanker 28, combination bulk 21, combination ore/oil 2, container 145, liquefied gas 1, multi-functional large load carrier 2, passenger 8, passenger/cargo 1, petroleum tanker 109, refrigerated cargo 30, roll on/roll off 29, short-sea/passenger 5, specialized tanker 3, vehicle carrier 3
foreign-owned: Austria 11, Belgium 1, Bulgaria 1, Canada 6, China 13, Croatia 2, Cuba 8, Egypt 2, Estonia 2, Germany 210, Greece 499, Guam 1, Hong Kong 5, India 6, Iran 3, Ireland 1, Israel 3, Italy 2, Japan 20, South Korea 6, Latvia 11, Malta 1, Mexico 1, Monaco 3, Netherlands 18, Norway 7, Panama 1, Philippines 2, Poland 20, Portugal 2, Russia 51, Singapore 2, Slovenia 4, Spain 5, Sudan 2, Sweden 6, Switzerland 1, Ukraine 2, United Kingdom 16, United States 4, Vietnam 1
Airports:
Definition Field Listing
17 (2003 est.)
Airports - with paved runways:
Definition Field Listing
total: 13
2,438 to 3,047 m: 7
1,524 to 2,437 m: 2
under 914 m: 1 (2003 est.)
914 to 1,523 m: 3
Airports - with unpaved runways:
Definition Field Listing
total: 4
914 to 1,523 m: 2
under 914 m: 2 (2003 est.)
Heliports:
Definition Field Listing
10 (2003 est.)
   Military    Cyprus
Military branches:
Definition Field Listing
Greek Cypriot area: Greek Cypriot National Guard (GCNG; including air and naval elements), Greek Cypriot Police
Turkish Cypriot area: Turkish Cypriot Security Force (GKK)
Military manpower - military age:
Definition Field Listing
18 years of age (2004 est.)
Military manpower - availability:
Definition Field Listing
males age 15-49: 202,966 (2004 est.)
Military manpower - fit for military service:
Definition Field Listing
males age 15-49: 139,255 (2004 est.)
Military manpower - reaching military age annually:
Definition Field Listing
males: 6,614 (2004 est.)
Military expenditures - dollar figure:
Definition Field Listing Rank Order
$384 million (FY02)
Military expenditures - percent of GDP:
Definition Field Listing Rank Order
3.8% (FY02)
   Transnational Issues    Cyprus
Disputes - international:
Definition Field Listing
hostilities in 1974 divided the island into two de facto autonomous areas, a Greek Cypriot area controlled by the internationally recognized Cypriot Government and a Turkish-Cypriot area, separated by a UN buffer zone; March 2003 reunification talks failed, but Turkish-Cypriots later opened their borders to temporary visits by Greek Cypriots; a UN-brokered peace plan attempts to break the stalemate over final status before the Greek Cypriot area enters the EU in May 2004
Illicit drugs:
Definition Field Listing
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; despite a strengthening of anti-money laundering legislation, remains highly vulnerable to money laundering; identification of benefiting owners and reporting of suspicious transactions by nonresident-controlled companies in offshore sector remains weak

This page was last updated on 11 May, 2004


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