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Cyprus–Australia Food Trade Faces Emergency Restrictions Amid FMD Outbreak

Emergency Measures Disrupt Bilateral Trade

The longstanding commercial relationship between Cyprus and Australia in the food sector is under severe strain following an official decision by the Australian Department of Agriculture, Fisheries and Forestry. This decisive action removes Cyprus from the list of countries free of Foot-and-Mouth Disease (FMD), effectively triggering new trade restrictions.

Strict Protocols and Immediate Impact

Announced on December 19, 2025, the restrictions arose amid confirmed reports of an outbreak on occupied territories. In response, Australia has implemented stringent biosecurity measures retroactive to November 8, 2025. These measures affect dozens of importers and producers, underscoring Australia’s uncompromising stance on animal health and safety.

Expert Assessment and On-Site Interventions

A specialized team from the EU Veterinary Emergency Team has been deployed to the island since Friday evening. This four-member team from the European Commission was mobilized urgently at the request of the Republic’s Veterinary Services to assess the situation within the occupied regions. Their intervention reflects the high stakes of international food safety and compliance in global trade.

Detailed Product Restrictions

The sweeping measures, as outlined in Official Circular 417-2025, target a wide range of food products:

  • Halloumi: Imports of halloumi that have not matured for at least 30 days or that do not meet specific acidity standards (pH 6 and below) are prohibited.
  • Dairy Products: All dairy products produced or exported from Cyprus are subject to strict controls.
  • Meat and Animal By-Products: There is a complete ban on products derived from cattle, sheep, pigs, and deer. This also includes personal dairy imports by travelers and postal shipments, as well as sheep intestines used for sausages.
  • Genetic Material and Veterinary Products: Imports of reproductive materials and veterinary therapeutics have been suspended.
  • Pet Food: Pet foods containing or derived from bovine, porcine, ovine, deer, or camel sources from Cyprus are now restricted.
  • Laboratory Animal Fluids: Laboratory products containing fluids and tissues from deer and camelids—including testing kits, culturing mediums, and environmental samples—are also affected.

Handling In-Transit Shipments

Australian authorities have clarified that shipments already in transit will be managed on a case-by-case basis:

  • Pre-November 8 Shipments: Goods demonstrably produced before this date may be released following a thorough inspection.
  • Post-November 8 Shipments: Products manufactured or harvested after the critical date will be barred from entry and will face either re-exportation or destruction.
  • Notable Exceptions: The ban does not affect solid chocolate, aged cheeses (subject to meeting certain conditions), or products containing less than 10% dairy components.

Economic Implications for Cypriot Exports

Among the most adversely affected is Cyprus’s export sector. For instance, Cyprus annually exports around 2,000 tonnes of halloumi, valued at approximately €15 million according to data from the Cyprus Statistical Service. The introduction of these restrictions is expected to exert a significant economic impact, compelling the industry to navigate a complex landscape of regulatory compliance and market uncertainty.

As global trade increasingly scrutinizes biosecurity measures, stakeholders in both Cyprus and Australia must prepare for a challenging period ahead, defined by rigorous controls and the urgent need for contingency strategies.

SEC Drops Lawsuit Against Gemini: A Major Turning Point In Crypto Regulation

SEC Dismisses Legal Action Against Gemini

The Securities and Exchange Commission has formally withdrawn its lawsuit against Gemini, the prominent crypto exchange founded by twins Cameron and Tyler Winklevoss. The move follows a joint court filing in which both the regulator and Gemini sought dismissal of the case that centered on the collapse of the Gemini Earn investment product, a debacle that left investors without access to their funds for 18 months.

Settlement And Regulatory Reassessment

In a significant development, a 2024 settlement between New York and Gemini ensured that investors recovered one hundred percent of their crypto assets loaned through the Gemini Earn program. The legal reprieve comes on the heels of actions initiated by New York Attorney General Letitia James, who accused Gemini of defrauding investors.

Political Backdrop And Industry Implications

This dismissal reinforces a broader trend of regulatory leniency toward the crypto sector noted during the Trump administration, which saw the SEC dismiss, pause, or reduce penalties in more than 60 percent of its pending crypto lawsuits. Meanwhile, Gemini’s recent public offering filing underscores its ambitions to solidify its status as a major player in the evolving digital asset market.

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