The guidelines provided that the aim would be:

1. An independent non-aligned bi-communal federal Republic.
2. The territory under the administration of each community should be discussed in the light of economic viability and productivity and land ownership.
3. Questions of principles like freedom of movement, freedom of settlement, the right of property and other specific matters are open for discussion, taking into consideration the fundamental basis of a bi-communal federal system and certain practical difficulties which may arise for the Turkish Cypriot community.
4. The powers and functions of the central federal government will be such as to safeguard the unity of the country, having regard to the bi-communal character of the state.

Following is the text of the agreement between the president of the Republic, Mr Kyprianu and the Turkish Cypriot leader, Mr Denktash, concluded on 19 May 1979 during a meeting under the auspices of the UN Secretary-General Dr Waldheim:

1. It was agreed to resume the inter-communal talks on 15 June 1979.
2. The basis of the talks will be the Makarios-Denktash guidelines of 12 February 1977 and the UN resolutions relevant to the Cyprus Question.
3. There should be respect for human rights and fundamental freedoms for all citizens of the Republic.
4. The talks will deal with all territorial and constitutional aspects.
5. Priority will be given to reaching agreement on the resettlement of Varosha under UN auspices simultaneously with the beginning of the consideration by the interlocutors of the constitutional and territorial aspects of a comprehensive settlement. After agreement on Varosha has been reached it will be implemented without awaiting the outcome of the discussion on other aspects of the Cyprus problem.
6. It was agreed to abstain from any action which might jeopardise the outcome of the talks, and special importance will be given to the initial practical measures by both sides to promote goodwill, mutual confidence and the return to normal conditions.
7. The demilitarisation of the Republic of Cyprus is envisaged, and matters relating thereto will be discussed.
8. The independence, sovereignty, territorial integrity and non-alignment of the Republic should be adequately guaranteed against union in whole or in part with any other country and against any form of partition or secession.
9. The inter-communal talks will be carried out in a continuing and sustained manner, avoiding any delay.
10. The inter-communal talks will take place in Nicosia.