The talks coincide with a third offshore licensing round run by the internationally-recognised Greek Cypriot authorities in the south.

The initial consultations between north and south Cyprus are scheduled to last one week and will focus on settling property disputes — later expanding to power-sharing, redrawing territorial boundaries and security issues.

Security concerns include the role Turkey and its 30,000 troops stationed in northern Cyprus will play in any reunification of the country as a two-state federation.