To eliminate certain limitations and exclusions regarding defense articles and requirements regarding security assistance and sales with respect to the Republic of Cyprus.

HR 298 removes legal restrictions on U.S. defense exports and security assistance to the Republic of Cyprus. The bill amends two key laws: it eliminates provisions in the 2020 National Defense Authorization Act that previously prohibited certain defense articles for Cyprus, and it deletes requirements in the Foreign Assistance Act regarding security assistance and sales to Cyprus. These changes directly affect U.S. defense contractors and security agencies by removing barriers to selling defense equipment and providing security aid to Cyprus. The bill does not create new programs but modifies existing legal frameworks to allow greater flexibility in U.S. defense and security engagement with Cyprus.