Cyprus is a member of the United Nations, the Council of Europe, the British Commonwealth and also a member of the Non-Aligned Movement. Cyprus has been linked to the EU via an association agreement since 1972. The EU is the main trading partner of Cyprus accounting for approximately 50% of total trade, the United Kingdom being the main trading partner.
EU accession has benefited all sectors of the economy. The real estate sector is currently emphasizing this fact with increased demand for Cyprus property, and this trend is expected to accelerate as Cyprus approaches the final stage of negotiations.
