End the Cyprus Embargo Act

This bill would remove restrictions on U.S. military exports to the Republic of Cyprus, allowing the Cypriot government to purchase U.S. defense equipment and services. It directly affects Cyprus by enabling access to U.S. defense articles and services, which were previously subject to a policy of denial. The key mechanism eliminates the denial policy for such exports, with exceptions if credible human rights concerns exist, and requires annual congressional certifications to maintain the policy beyond a 5-year period (based on Cyprus's cooperation with U.S. anti-money laundering efforts and denying Russian military vessels port access). The bill does not create new programs but changes existing export restrictions.