Cyprus Country Analysis
Assignment 1-5 Country Analysis 1
November 20, 2008
Cyprus, located in the Middle East in the northeast corner of the Mediterranean, is a country divided (A country, 2005). Cyprus is currently divided between the Greek Cypriots, which make up about 78% of the population, and Turkish Cypriots which account for 18% of the population (Cyprus, 2008). The Greek Cypriot government is a member of the European Union (EU) and it operates as a free market society (Cyprus, 2008). Cyprus offers an excellent opportunity for potential foreign investors and trade partners but all potential investors and trade partners should be very aware of the risks associated the internal conflicts within Cyprus.
Cultural Impact on FDI
Although the culture in Cyprus is diverse, a large segment of the population, 78%, identify themselves as Greek Orthodox Christians sharing many of the same values, beliefs, and customs (Cyprus – culture, 2008). The Greek Cypriots place strong emphasis and value on the......
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Approximate Word Count: 3250
Approximate Pages: 13 (250 words per double-spaced page)
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