Last progress June 10, 2025 (8 months ago)
Introduced on June 10, 2025 by Cory Anthony Booker
This bill makes it easier for the United States to keep allowing certain defense sales and transfers to Cyprus for a longer time. It changes two existing laws so that a waiver (permission) can last up to three fiscal years instead of just one. This applies to items on the U.S. Munitions List and to related security assistance and sales involving the Republic of Cyprus .
In simple terms, the U.S. could approve and keep in place these permissions for three years at a time, rather than renewing them every year. That can make planning and oversight more stable for both countries and for companies involved in defense trade .
Read twice and referred to the Committee on Foreign Relations.