REPORT ON THE SECURITY RELATIONSHIP BETWEEN THE UNITED STATES AND THE REPUBLIC OF CYPRUS.

SEC. 1277. REPORT ON THE SECURITY RELATIONSHIP BETWEEN THE UNITED STATES AND THE REPUBLIC OF CYPRUS. (a) In General.—Not later than 180 days after the date of the enactment of this Act, the Secretary of Defense and the Secretary of State shall jointly submit to the appropriate congressional committees a report on the security relationship between the United States and the Republic of Cyprus. (b) Elements.—The report required by subsection (a) shall include the following: (1) A description of ongoing military and security cooperation between the United States and the Republic of Cyprus. (2) A discussion of potential steps for enhancing the bilateral security relationship between the United States and the Republic of Cyprus, including steps to enhance the military and security capabilities of the Republic of Cyprus. (3) An analysis of the effectiveness of the United States arms embargo policy to deny applications for licenses and other approvals for the export of defense articles and defense services to the armed forces of the Republic of Cyprus, and the impact of such United States policy on— (A) the bilateral security relationship between the United States and the Republic of Cyprus; and (B) the ability of the United States and partners of the United States to achieve shared security objectives in the Eastern Mediterranean region. (4) An analysis of the extent to which such United States policy is consistent with overall United States security and policy objectives in the Eastern Mediterranean region. (5) An assessment of the potential impact of lifting such United States policy on United States interests relating to the Republic of Cyprus and the Eastern Mediterranean region. (c) Appropriate Congressional Committees Defined.—In this section, the term “appropriate congressional committees” means— (1) the congressional defense committees; and (2) the Committee on Foreign Relations of the Senate and the Committee on Foreign Affairs of the House of Representatives.