; and (B) the end-user of such defense articles or defense services is the Government of the Republic of Cyprus. (2) Exception This exclusion shall not apply to any denial based upon credible human rights concerns. (d) Limitations on the transfer of articles on the United States Munitions List to the Republic of Cyprus (1) In general The policy of denial for exports, re-exports, or transfers of defense articles on the United States Munitions List to the Republic of Cyprus shall remain in place unless the President determines and certifies to the appropriate congressional committees not less than annually that— (A) the Government of the Republic of Cyprus is continuing to cooperate with the United States Government in efforts to implement reforms on anti-money laundering regulations and financial regulatory oversight; and (B) the Government of the Republic of Cyprus has made and is continuing to take the steps necessary to deny Russian military vessels access to ports for refueling and servicing. (2) Waiver The President may waive the limitations contained in this subsection for one fiscal year if the President determines that it is essential to the national security interests of the United States to do so. (3) Appropriate congressional committees defined In this section, the term appropriate congressional committees means— (A) the Committee on Foreign Relations and the Committee on Armed Services of the Senate