Republic of Cyprus
Brazil and Cyprus have diplomatic relations since 1966. In order to intensify political dialogue and expand trade relations, Brazil opened an Embassy in Nicosia in 2010 and Cyprus an opened Embassy in Brasília in 2009.
Brazil adopts a balanced policy regarding the disagreement on the island, sustaining that the matter should be treated according to UN norms; that is, respecting sovereignty, territorial integrity, and the independence of Cyprus, as well as searching for a peaceful solution satisfactory to both communities. Brazil supports the multilateral efforts to solve the question, including the United Nations Peacekeeping Force in Cyprus (UNFICYP).
Trade between Brazil and Cyprus had shown relatively constant growth rates, particularly between 2004 and 2008. The global financial crisis led to a general decline in Cypriot imports. In 2012, trade exchange registered USD 108.9 million, composed almost entirely of Brazilian exports.
It has been frequent the mutual support in candidacies to international organizations.
Chronology of Bilateral Relations
1966 – Establishment of diplomatic relations. The Embassy of Brazil in Tel Aviv (Israel) and the Embassy of Cyprus in Lisbon (Portugal) became cumulatively responsible for bilateral relations
1972 – Inauguration of the Honorary Consulate of Brazil in Nicosia
2004 – Petrobras signs contract to supply oil for power generation in Cyprus, which leads to considerable increase in the volume of bilateral trade
2005 – The Minister of Development Luiz Fernando Furlan visits Cyprus
2006 – EMBRAER 190 demonstration flight in Cyprus
2009 – Visit to Brazil of the Foreign Minister of Cyprus, Markos Kyprianou
2009 – Inauguration of the Embassy of Cyprus in Brasília
2010 – Inauguration of the Embassy of Brazil in Nicosia