The article examines the Cyprus conflict in the context of international efforts applied in order to achieve a peaceful solution of the problem and to unify the island. A brief description of the events since 1974 – from the time of the Turkish invasion – is provided. Special attention is given to the peacekeeping initiatives proposed by the United Nations – both during the Cold War era and in the post-bipolar times. The Cyprus case is an example indication of the inefficiency of modern peacekeeping tools that were used by international community.